Personal Trials Lead to a Tax Penalty Abatement

A company recently came to Omni for help after their bookkeeper’s illness caused them serious IRS tax problems. Because the woman was the sole person responsible for filing Federal Withholdings with the IRS, the withholdings were not filed for several quarters.

At the beginning of 2007, the bookkeeper became infected with Lyme disease. Throughout the year, her symptoms became worse, and she began struggling with debilitating pain on a daily basis. On top of that, the woman and her husband, who owned the business, had to spend most of their time caring for the husband’s mother, who had recently suffered serious brain trauma.

Omni was able to prove to the IRS that the woman’s personal trials were to blame for the company’s tax troubles. Within a year, the company’s full tax liability was resolved and all tax penalties on the account were abated.

Are your personal trials affecting your ability to remain in compliance with the IRS? You may be able to settle your back taxes through a Tax Penalty Abatement. Contact Omni for a free tax consultation.