Does a Missing Penalty Computation Void an IRS Penalty?

You open your mail and an IRS notice shows up with a penalty on it. There is a dollar figure. There is a name for the penalty. What is often missing is any math showing how the IRS arrived at the penalty number. Most taxpayers assume the IRS has to show its work. And there… Continue reading Does a Missing Penalty Computation Void an IRS Penalty?

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