What kind of reasons does IRS accept for penalty abatement?

Some of the more common reasons are death, serious illness or unavoidable absence of the taxpayer. However, even these reasons must be carefully presented to IRS to ensure a positive outcome. We have the necessary experience to help you present your case in the most favorable light possible.

Can interest be abated too?

If IRS agrees to abate penalties, the interest that was charged on the abated penalties is also eliminated.