2022 : Form5472.online Tax Filing + Penalty removal
Who is it for?
- Single Member LLC
- Multi Member LLC
- C. Corporation (INC)
- Sole Proprietor Person
Which forms are included?
- IRS Form 5472
- IRS Form 1120
- IRS Form 1065
- IRS Form 1140/1140NR
Pricing:
Non Active Company: $399
Additional fees:
- Active company $99
If you have income / expenses (in the U.S or outside the U.S.) we need to file your balance sheet and income statement.
Additional owner $99
If you have income / expenses (in the U.S or outside the U.S.) we need to file your balance sheet and income statement.
- IRS Filing and proof of filing:$49
We will send your tax returns to the IRS and email you proof of filing which you keep for your recoerds to avoid $25,000 penalties
- $0 Penalty Guarantee: $499$
ONLY IF YOU FILE LATE!
Our Penalty Removal Service is designate to help you remove penalties received from the IRS due to late filing or non-filing tax returns / form 5472 of previous years. The IRS has a special program in place to request relief for penalties. This program is open for anyone who can show a "Reasonable Cause" (a good excuse why you didn't file on time) or if it is your first time not filing on time.
There would be many reasons, or excuses permitted by law that the IRS would forgive the penalties. The IRS calls these excuses “ Reasonable Cause”. Reasonable Cause for IRS penalty forgiveness may include any the following reasons: Medical HardshipFinancial HardshipDeath of a family memberThe mistake was made on the calculation of the taxesError on behalf of a tax preparer or wrong advice from a tax preparerWrong advice in writing provided by the IRS**COVID 19 Related hardship (including local law enforcement)If none of the above reasonable causes applies, there is still hope. The IRS has a the first time abatement program known as the “ First Time Penalty Abatement”
The IRS will waive or remove (abate) certain penalties if you have a history of following the rules. This penalty relief is called first-time penalty abatement (FTA).To qualify for the First Time Penalty abatement program you must have a clean three-year penalty history. To qualify for FTA, you can’t have any penalties of a “significant” amount in the past three years on the same type of tax return.