Despite the Internal Revenue Service’s reputation as one of the world’s toughest bureaucracies, winning relief from some types of civil tax penalties may not be as hopeless as it sounds. This view emerges from interviews with lawyers and other tax specialists, including attendees at an American Bar Association tax section meeting last month in San Diego that included a panel discussion on the subject. Many taxpayers probably would choose a root-canal over protesting an IRS penalty, especially when the amount is small, the...

Source: Wall Street Journal March 26, 2018 02:07 UTC