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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