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Need help getting rid of a Form 5472 penalty of 10,000.
Need help getting rid of a Form 5472 penalty of 10,000 … read more
taxmanrog
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I need to speak to a U.S. Enrolled Agent, preferably, Mark D. or corporate tax specialist or attorney.We are about to appeal a denial for penalty abatement. Penalties were assessed due to three years … read more
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How does an employer in texas have to appeal an unemployment
how long does an employer in texas have to appeal an unemployment benefits claim? I had my claim approved in October of last year and at that time there was no response. But I got a hearing notice tha… read more
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Tax Attorney There are two questions here: 1. I need to file
Tax AttorneyThere are two questions here:1. I need to file an appeal against the rejection of a request for abatement of penalty for late filing of form 5472. The taxpayer had ceased to do business si… read more
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When a tax return is electronically by the statuary due
When a tax return is electronically by the statuary due date, but rejected do to a technical issue, and resubmitted and rejected again a few more times, but finally accepted by the IRS, it is consider… read more
Stephen G.
Stephen G.
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Bachelor's Degree
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Received a letter stating a $2,500 fine for late filing of
Received a letter stating a $2,500 fine for late filing of my business taxes this year. All k-1s were submitted to the IRS. The business was only open for a little over a year and is no longer operati… read more
Dr. Fiona Chen
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I'm a CPA i have a client with late-filed 3520 for frn gifts
I'm a CPA i have a client with late-filed 3520 for frn gifts in part 6, do you have any experience in this area? … read more
Mark Taylor
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Lev, I just got a letter from the IRS rejecting my request
Hi Lev, I just got a letter from the IRS rejecting my request to set aside a $700 penalty or 2% of tax due for a dishonored check even though when we discovered our mistake (payment was drawn from the… read more
PDtax
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Master's Degree
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I received a denial, twice now, filing of form 5472. A
I received a denial, twice now, for late filing of form 5472. A charge of $10,000 is being demanded, we were only 2 weeks late with the filing and had used the services of a cpa. is there any way to h… read more
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Mark Taylor
Certified Public Accountant
Masters
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Danielle, I filed a W2/W3 on time (Jan 2013) 2012 tax year,
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Barbara
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I just found out yesterday that my corporation has two 10K
I just found out yesterday that my corporation has two 10K penalties for failure to file 5472 from 2013 and 2014. Im a US citizen and my partner is Chinese. I just moved back to USA and my accountant … read more
Mark Anderson
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I still need your help on the previous question regarding
Hi Stephen,I still need your help on the previous question regarding abatement of late filing penalty on Form 5472… read more
Stephen G.
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Bachelor's Degree
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I am in same situation-- have a very small c-corp. (sales
Hi, I am in same situation-- have a very small c-corp. (sales less than 50K) and getting 10K, penalty abatement request denied. would appreciate what "different steps" I could try...?… read more
Lev
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Bachelor's Degree Equivalent
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Customer: Hello ***** *****, My name is***** located in the Netherlands and former owner of a florida corporation We received 2 penalties for filing late form 5472 2012 and 2013 We requested for abate… read more
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My client receive a penalty assessement on late filing of
my client receive a penalty assessement on late filing of Form 5472 because we file the return (Form 1120) late. When I receive the assessment letter I wrote the following letter to IRS " With regards… read more
Stephen G.
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Received denial letter from irs filing 2011 and 2012
received denial letter from irs for late filing 2011 and 2012 partnership returns. Penalties are over 9,500 each year and this is a small partnership. trying to establish reasonable cause.… read more
Lane
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I received a letter from the IRS for Late Form 5472. I asked
I received a letter from the IRS for Late Form 5472. I asked for an extension to file, but I sent regular mail 0.46 Now I am being charged $20,000 because the C-Corp has 2 foreign shareholders d accor… read more
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grounds for appealing Virginia income tax penalties & Int
I need to know the grounds for appealing and receiving an abatement or waiver of penalties and interest. My 2005 Virginia State Income Tax filing and payment was late and now I am being billed for ove… read more
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