Penalty Abatement
Tax Liability can double in around four years if you don’t take care of it. This is because penalties and interest accrue year after year. Penalties can be abated if you can establish that you used all efforts to meet your tax obligations but were unable to do so for reasons such as: Fire, Casualty, Natural Disaster or other disturbances, Death or Illness to you or a member of the taxpayer’s immediate family, or any other reason that would be reasonable cause as to why you were unable to take care of your tax obligations.