At Aaron & Franklin Tax, we have experience helping individuals like yourself sort out tax-related complications. When the IRS finds that you owe back taxes or are late on your payments, they will begin to calculate interest and penalties on the total amount. Unfortunately, this can add up quickly and turn a small delinquent debt into an unmanageable sum before you know it. There are a number of penalties that can be tacked on, from failure to file or pay to tax fraud. If there were factors out of your control that kept you from paying your tax debt, there may be hope for penalty abatement.
You can rest assured that we employ numerous tax professionals, including EAs and CPAs to assist you. Contact our team at (888) 602-3204 today to set up a free consultation!