$12,000 Form 990 Daily Delinquency Penalty Abated by IRS for Reasonable Cause

Here's another CP141R Notice I received from the IRS for one of my penalty abatement engagements for a tax-exempt organization.

"Based on the information you provided, the penalty charge in the amount of $12,000 was removed."

"You don't need to do anything. If you've already paid the penalty and you don't owe other tax or debts we're required to collect, we'll send you a refund of the penalty amount you paid within six to eight weeks from the date of this notice."

Do you think my client was happy?

You bet!