Lynn Campbell Posted March 25, 2000 Posted March 25, 2000 Takeover client has apparently failed to file IRS Form 5500-EZ for several years and is uncertain how to approach the IRS. Has anyone had recent experience in this area, and is the IRS likely to waive the penalties upon reasonable cause? Thanks very much for all input.
Kirk Maldonado Posted March 26, 2000 Posted March 26, 2000 My experience is that if you approach them (before you're caught), they always waive the penalty. Kirk Maldonado
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