The IRS is improperly and automatically assessing $10,000 Form 3520-A penalties – what to do now
Category: Blog 2019
The IRS has assessed many of our clients and others taxpayers around the globe who might have even correctly filed Form 3520-A and Form 3520 with substantial penalties – often $10,000. What gives? What can be done about this? In this article we will explain many situations in which a Form 3520-A is required so that you can have a good idea if the IRS’s penalty assessments are something you should push back on.