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When you’re already having a difficult time paying your taxes, penalties and interest can make the matter much worse. When the IRS imposes tax penalties for failing to file, failing to pay, or for other reasons, it can cause the amount you owe to skyrocket—especially when additional interest is assessed on the penalties. Fortunately, there are situations in which you may be eligible to have your penalties reduced or eliminated through an IRS tax penalty waiver (also known as an abatement). The experts at Highland Tax Group can evaluate your situation, determine whether you might be eligible for penalty relief, and reach out to the IRS on your behalf to request and follow up on tax penalty abatements for which you may be eligible.