Here is the revised version of the text: 1. You're okay with paying back the IRS taxes, but the penalties are outrageous. The failure to pay penalty is up to twenty-five percent, and the failure to file penalty is up to twenty-five percent. Additionally, the failure to pay deposits penalty can go up to ten percent. By the time the IRS is finished adding on the penalties, your tax balance nearly doubles. 2. The good news is that you can remove IRS penalties for a reasonable cause. This includes death, serious illness, natural disaster, fire, and incarceration. Seriously, if you're unable to file your return or pay your taxes on time due to circumstances beyond your control, you may qualify for removing the IRS penalties. 3. Visit our website for more details on IRS penalty relief. At ALG Tax Solutions, we are dedicated to fighting the IRS so that you can focus on your business.
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