
Sometimes the tax you originally owed was manageable. But over time, the IRS tacked on failure-to-file penalties, failure-to-pay penalties, and compounding interest. Now, the total balance is staggering.
The IRS does not automatically remove penalties, but they have the authority to do so if you can prove you had a good reason for falling behind.
We provide professional penalty removal services. If life threw you a curveball, we fight to get those extra fees erased from your account.
How we reduce your balance:
Frequently Asked Questions:
What counts as "reasonable cause" for penalty removal? The IRS accepts reasons like severe illness, death in the immediate family, destruction of records due to fire or flood, or receiving incorrect advice from a competent tax professional.
Will the IRS also remove the interest on my back taxes? Usually, no. By law, the IRS must charge interest on unpaid tax. However, if we successfully remove the penalties, the interest that accrued on those specific penalties will also be removed, lowering your bill.
Ward's Accounting Service, Inc. is a professional tax representation and accounting firm. We are not a debt settlement company and do not provide debt services for non-tax-related debts, such as credit cards or personal loans. Our services are focused exclusively on IRS and State tax matters.