Have you faced fines or penalties for late payment of your payroll taxes in the US? Employment Development Department or EDD might think about penalty abatement, but it might cause you some issues. Usually, people have to pay penalties due to reporting issues or misclassifications. If you want to apply for a penalty abatement, you need to show reasonable causes.
Financial difficulty, disasters, and other administrative reasons are pretty common for penalty abatement. You have to submit the Penalty Waiver Request along with all the necessary documents. If you haven’t completed the process properly, the EDD has the power to deny your request.
Keep all the documents with you so that you can use them effectively to run your Payroll and keep your organization safe from future penalties. Leading Tax Group, an agency of Tax Consultants, Tax Attorneys, Enrolled Agents, and Former IRS Auditors, is here to help you out with these difficult tax matters.
If you are interested in a tax settlement or if you have received a settlement offer from the IRS, now is the time to call Leading Tax Group. Our tax settlement professionals (whom include former IRS tax attorneys) are always ready to work with you and provide you with the information and representation you need.
800-900-4250
A few major aspects can totally destroy your EDD penalty abatement process. Error in the documentation process and lack of substantial reasonable causes are the most important ones. The employer must have strong evidence to request an EDD penalty abatement. Take care of the misclassifications as well.
You shouldn’t report inconsistent statements or any past compliance issues that can create issues in your current case. We have seen people facing cash flow problems even after getting approval from the EDD. Contact Leading Tax Group and discuss your issue with us. We would love to hear your issues and find the best possible solutions.
Contact Us
When you have professionals, it will become easier for you to handle EDD penalty abatement issues and boost your chances of getting approval. Leading Tax Group, an agency of Tax Consultants, Tax Attorneys, Enrolled Agents, and Former IRS Auditors, learn about regulations set by EDD and come up with some strong reasons to get a penalty waiver.
We will help you have all the necessary documents, meet the deadlines, and avoid making any major mistakes. We will help you understand the compliance issues, prevent future penalties, and negotiate with the EDD officials if necessary.
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
If you want to reduce the amount of EDD penalty or eliminate it completely, you must choose this particular method. When someone has missed the payment or made a delay, he has to face penalties. Abatement is an effective way to get some relief.
There are several factors responsible for EDD penalty abatement. If you can make the officials understand that the mistakes happened due to reasons that are beyond your control, the EDD might pass your abatement request. People who have made the mistake for the first time can also get abatement.
If you want to request a penalty abatement, you should follow certain steps. The first thing you need to do is review the penalty notice, collect all the information, file for a request, and follow up. You should also hire a professional tax expert group for help.
When your penalty abatement request has been denied, you have the right to appeal against their judgment. Leading Tax Group, an agency of Tax Consultants, Tax Attorneys, Enrolled Agents, and Former IRS Auditors, is here for your help. We will refile your appeal, gather evidence, and get you a better result.
People or organizations facing EDD penalties must have done things wrongly. Late filing of your tax, inaccuracy in reporting, non-compliance with the rules, and misclassification could be the possible reasons. Contact Leading Tax Group to have any help in these matters.
info@LeadingTaxGroup.com
Mon-Friday : 7:00am - 6:00pm 
800-900-4250