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Goldburd McCone LLP
www.goldburdmccone.com/
Steven Goldburd
goldburdmcconellp@gmail.com
(212) 302-9400
42 W 38th Street Suite 901
New York, NY 10018

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Preparation for Delinquent Tax and Filing Help
The experts of Goldburd McCone LLP spoke at length at such seminars about the procedures that need to be followed in order to get tax abatement from IRS.

BriefingWire.com, 12/02/2013 - There are many cases registered where people miss out on the due date of paying taxes. An interest of 1 percent and about 0.5 percent penalty charge is levied monthly on delinquent tax if it is left unpaid. In no time the amount exceeds the anticipations. It is very important to know some ways to reduce the IRS penalties. Tax attorneys can help in such cases where one needs to abate the taxes due.

The law firm of Goldburd McCone LLP has some of the top-notch attorneys on board to help its clients. The firm recently conducted some seminars to encourage people to apply for various abatement schemes with which the penalties on unpaid taxes can be decreased to a significant extent, if not eliminated entirely.

The experts of Goldburd McCone LLP spoke at length at such seminars about the procedures that need to be followed in order to get tax abatement from IRS. These procedures that they talked about are listed as follows:

1. Filing a written petition: This is the most commonly practiced method used to acquire a petition. It’s a written petition that should elaborate the reason why one thinks himself/herself eligible for tax abatement.

2. Verbal requests: Tax attorneys at Goldburd McCone LLP help their clients speak to the IRS officials personally or arrange for a telephonic conversation.

3. Form number 843: This is a form issued by IRS that is also known as the claim for the refund of the abatement of tax. The form needs to be filled and sent. In some cases, it is a good gesture to enclose a letter along with the form explaining the reasons for tax abatement.

The process of tax abatement is not too difficult, but most are usually afraid of legal complexities. The fact that elaborate and complex legal formalities need to be undertaken makes the entire process tedious and frightening at the same time for these people. The legal experts speaking at the seminars emphasized how it takes time to understand these legal aspects, which is why it is advisable to take the help of tax attorneys, as and when required. They told that one should remember how the interest levied on unpaid taxes may look like a trivial amount but can shoot up to be a humongous figure if it's still left unpaid. Hence, it is the best option to take the help of professionals working with a reputed firm like Goldburd McCone LLP to deal with the legal formalities.

 
 
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