If you’re facing a tax debt, you may also be dealing with penalties and interest charges that can quickly add up, making it even harder to pay off your debt. However, the IRS offers a solution called IRS Penalty/Interest Abatement, which can help reduce or eliminate these additional charges. IRS Penalty/Interest Abatement is a legitimate way to get tax debt relief and start fresh.

How IRS Penalty/Interest Abatement Works

The IRS may abate (remove) penalties and interest if you can show reasonable cause for not paying your taxes on time. Reasonable cause may include:

• Error on the part of the IRS
• Unforeseen circumstances, such as a natural disaster or serious illness
• Incorrect advice from a tax professional

You can request an abatement by filing Form 843, Claim for Refund and Request for Abatement, or by negotiating with the IRS directly.

Benefits of IRS Penalty/Interest Abatement

IRS Penalty/Interest Abatement can:

• Reduce your tax debt by removing additional charges
• Stop the accrual of further penalties and interest
• Give you a fresh start and a chance to move forward
• Help you avoid further collection actions, such as levies and liens