Federal Tax

  • 1.  Relief for late filed 990-PF

    Posted 01-05-2016 10:27 AM

    I wonder if anyone has any ideas on how to obtain relief for a late filing penalty on a 990-PF.  Here's what happened

    Client paid 20,000 via EFTPS on May 15th, the due date of the return.  My assistant failed to electronically file an extension and the return was ultimately filed in September.  IRS claims return was filed late and assessed a 14,000 late filing penalty.

    I plan to file Form 843 and beg for mercy.  Any and all suggestions are welcome.

    Thanks

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    Daniel Levine
    CPA
    Scottsdale AZ
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  • 2.  RE: Relief for late filed 990-PF

    Platinum Most Valuable Member
    Posted 01-05-2016 10:52 AM

    First time offense?  You can get it waived. If they have had the problem before, not much you can do. 

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    Sandra Johnson CPA
    SANDRA G. JOHNSON, CPA, PC
    Melville NY

    Original Message


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