skyworks
Level 7
07-26-2020
08:56 AM
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Hi,
I filed a 2019 S Corp return before 7/15/2020.
Just received a letter from IRS charged penalty for late filing.
Realized did not file extension before 3/15.
Does anyone know how to appeal? Is there a way to request wave the penalty?
thanks!
Best Answer Click here
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George4Tacks
Level 15
07-26-2020
10:56 AM
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Maybe a phone call will get a ONE TIME abatement https://www.irs.gov/businesses/small-businesses-self-employed/penalty-relief-due-to-first-time-penal...
Answers are easy. Questions are hard!
BobKamman
Level 15
07-26-2020
12:38 PM
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Unless two hours of your time listening to music on hold is worth less than a 55-cent stamp, a one-paragraph letter to IRS will accomplish the same result. IRS is not going to be breaking down your client's doors to collect the penalty, while they process the correspondence.
