IRS penalty abatement reduces or eliminates penalties that the IRS has assessed on your tax account — including failure-to-file penalties (up to 25% of the tax owed), failure-to-pay penalties (up to 25%), and accuracy-related penalties (20%). The IRS grants penalty relief through First-Time Abatement (an administrative waiver for taxpayers with a clean 3-year compliance history), reasonable cause (circumstances beyond your control), and statutory exceptions. Neil Jesani Tax Resolution's team identifies every available penalty relief avenue and has secured abatement of millions in IRS penalties for clients. Reduce or Eliminate IRS Penalties IRS penalties can add 25% or more to your tax liability, turning a manageable tax debt into an overwhelming financial burden. Combined with compounding interest, penalties can cause your balance to grow rapidly — sometimes doubling the original amount owed. At Neil Jesani Tax Resolution, we specialize in identifying and pursuing every available avenue for penalty relief, saving our clients thousands — and in many cases, hundreds of thousands — of dollars. Our team of CPAs, Enrolled Agents, and tax professionals understands the complex rules governing IRS penalties and the specific criteria the IRS uses when evaluating abatement requests. We build compelling, well-documented cases that demonstrate you qualify for relief under one or more provisions of the tax code. Penalty Relief Strategies First-Time Penalty Abatement (FTA) is available to taxpayers with a clean compliance history — meaning you filed all required returns on time and paid all taxes due over the prior three years. This administrative waiver can eliminate substantial penalties with a single request when the criteria are met. Reasonable Cause abatement applies when circumstances beyond your control — such as serious illness, natural disaster, death of a family member, destruction of records, or reliance on incorrect professional advice — prevented timely compliance. We document these circumstances thoroughly...