NASSAUSUFFOLK

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

I have had personal experience with two separate Non-Profits, both of which were assessed unconscionable late-filing penalties. In both cases I approached the IRS with request for abatement due to reasonable cause. The facts were presented, backed-up with proof that the returns had always been timely in the past and the prior history of compliance was clear.

In both cases I found IRS to be understanding and abatements were obtained. It has been my experience that most IRS employees are realistic people who are willing to assist in resolving such situations. Also, if you find one who isn't, escalate it to the next level. 

Good luck!

Louis Papaleo, MBA, EA

My 990 client was also assessed late filing penalties, believe this was for its 2014 fiscal year. The IRS also abated them in my case too. 

Think the reason was that it was the first time this occurred. It is my understanding that this late filing relief provision was begun 2-3 years ago.