This is one of the most common questions we receive from clients with missed filings.
Short Answer:
These procedures allow taxpayers to catch up and potentially reduce penalties.
Explanation:
They apply to non willful failures and require prior filings.
Example:
A taxpayer may use these procedures.
Common Mistake:
Assuming eligibility.
When to Get Help:
We would be happy to guide you.
If this situation applies to you, we would be happy to review your structure and confirm your filing requirements.