Are you looking for IRS tax debt solutions and need help? If so, read this first. You should know that getting IRS tax abatement is not as easy as it sounds. The process may be complex and overwhelming for most taxpayers, which is why hiring a tax specialist is the best option. An tax relief specialist is someone who has been trained and will act on your behalf to make sure that everything is done right. The IRS has certain rules and regulations on how to go about the tax abatement process. First, if you can prove that you cannot pay your taxes, then you need to show that there are other ways you can pay them without causing further damage to your credit rating. For this, you need to present evidence that you met all the requirements in the Offer in Compromise. If you can do that, then you can easily qualify for penalty abate and interests forgiven.

How to go about an irs tax abatement

To do this, you will have to talk to IRS representatives about your problem. They usually keep us informed about the latest developments with the IRS. After the initial conversation, they will ask you to sign a “statement of facts”. These statements of facts will state what you agreed to with IRS and how they arrived at the amount you owe. It will also include all the communications that took place between you and IRS, starting from the time you signed up for their services. After you sign this statement of facts, they will decide whether penalty abate is granted or not. Based on this, they will either grant you abatements or ask for the penalties to be recovered. If penalty abate is granted, they will then send you a form that you will need to send to all creditors or account holders to provide proof that you paid them the tax penalties. You will then have to pay them the amounts from your own pocket.

On the other hand, if tax abatement is granted, they will give you a notice that tells you that your liability was not due to any willful actions. The IRS will tell you that you cannot be given penalty abatements if you have not received an administrative waiver from them. However, if you can prove that your liability was due to an error made by IRS, then you may still get a waiver from them. In such cases, the waiver may not be based on an error made by them but on a fact that they failed to tell you about. IRS does not require you to apply for IRS tax abatements. You will only need to provide proper documentary documents and evidence that you met some requirements. You will need to send a form eight 43 to IRS so that they can check your records. There are also IRS relief programs that you may qualify for and which will eliminate penalty removed liabilities completely.