In response to Michael Franskoviak's letter, "The dark side of the IRS" (Accounting Today, June 6-19, 2005, page 6), I agree that the Internal Revenue Service does not hand out tax penalty abatements like candy.
Unless there is an undeniably good cause, such as the sample reasons pointed out in the article, the penalty will not be abated. However, I must object to the suggestion that the fact that the IRS is flexible in the area of penalty reduction is 100 percent incorrect, and to the recommendation that the next time I want an accurate opinion I ask an experienced tax professional.
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