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    MeaningOfLife's Avatar
    MeaningOfLife Posts: 16, Reputation: 3
    New Member
    		  
    #1

    Oct 16, 2011, 11:03 AM
    Any ideas on how to reduce tax penalties?
    My client hit a horrible downturn in business and was not able to pay his payroll taxes in time. Any ideas? I realize an OiC is out of the question. Any success stories re: petitioning for reduced fines? Thanks 4 any help. I love you guys!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Oct 27, 2011, 08:42 AM
    He can ASK the IRS to waive the penalties, but I suspect it will fall on deaf ears. Does not hurt to ask, though; the worst they can do is say NO!
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