Connie M. asked

⚖️  Law

I missed a deadline for a small business tax audit and received a letter to pay $6500 plus interest within 15 days or it will go to collections. I have used only my business account, but some transactions lack proof. Can I appeal to reduce the amount, and what steps should I take to handle this situation?

October 20th, 2024

Susan H. answered

Yes, you can likely appeal to reduce the amount owed as a penalty, but you are very close to the 15-...

October 20th, 2024

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