Art Bradham CPA PC
Penalties and Collection Problems
The “new” IRS uses a penalty handbook, and
unless a penalty reduction request is addressed
to the specific requirements that allow IRS
personnel to waive or reduce a penalty, the
request will be denied. I understand the
process, and I have been successful at getting
results where others have failed, simply because
I understand I have to do all the work to allow
and IRS examiner to waive a penalty.
The IRS seems to be inventing new, confusing
and overlapping collection procedures and
equally confusing taxpayer protection
procedures. Knowing what payment methods
are available to a taxpayer can make a huge
difference in how much tax is paid and when.
While only an Offer In Compromise can reduce
the total tax, there are many ways to pay taxes,
including automatic installment plans and
negotiated payment plans. Collection issues
require communication above all else, and I
understand the IRS procedures and policies.