Reasonable Cause
There are a variety of reasons why taxpayers don't file or pay. Divorce, job loss, death of family members, mental or physical diseases, drug and alcohol problems, dog ate the homework, etc. are many of the reasons why taxpayers fail to file or pay. The law allows for the abatement (removal) of penalties for reasonable cause. Obviously, it is very subjective.
See Also:
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| Client Owed | $ 165,000 | $ 120,000 | $ 140,000 |
| Settled | $ 15,000 | $ 5,000 | $ 36,000 |
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| Client Owed | $ 80,000 | $ 70,000 | $ 70,000 |
| Settled | $ 19,500 | $ 4,000 | $ 7,500 |
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| Client Owed | $ 60,000 | $ 65,000 | $ 50,000 |
| Settled | $ 2,500 | $ 3,500 | $ 6,000 |
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| Client Owed | $ 45,000 | $ 26,000 | $ 26,000 |
| Settled | $ 1,200 | $ 1,855 | $ 4,200 |
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| Client Owed | $ 13,000 | $ 50,000 |
| Settled | $ 1,200 | $ 6,000 |
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© Copyright 2002-2006, Law Offices of Alex Gluzman
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