Received IRS Notice CP15? Get Penalty Charge Help from a Skilled Tax Attorney
It is undoubtedly pleasant to receive trusts, gifts, and entities from abroad. However, has the idea of reporting them to the IRS ever come across your mind?
Request penalty abatement for Notice CP15
Unravel disclosure requirements for Form 3520 and Form 3520-A
Report foreign gifts, inheritances, and offshore accounts accurately
Defend your investments against IRS penalty enforcement actions
Contact Us Today
of Defending Taxpayers
Offices Across the United States
as Attorneys + CPAs
Martindale-HubbellPreeminent Rated
Recognized & Accredited by
It is very common for a U.S. person to receive Notice CP15 due to failure or untimely reporting on foreign gifts. Notice CP15 is one of the worst penalty notices and it has very specific timelines for payments. Failure to pay for your civil penalty charge can result in the IRS collecting your personal assets and potential jail time of up to 5 years.
Therefore, you should not hesitate to contact a skilled tax attorney at Frost Law. Our tax team has the best interest of our clients and we have offices throughout the U.S. Complete the contact form or call (443) 545-3023 today to arrange a confidential consultation.
Why Did You Receive IRS Notice CP15?
You could have a civil penalty charge due to:
- Failure or untimely reporting on large foreign gifts on Form 3520
- Giving false information for withholding taxes
- Missing information on tax returns
- Failure to report a foreign tax redetermination
- You are in charge of a business that has unpaid employment taxes
The notice is for notifying taxpayers that a penalty was issued, explaining why it was issued, and requesting payment. You will find your due date, the amount due, and payment options on the notice.
If you want to dispute the penalty, you have to pay it first then file a claim for a refund using Form 843. Reach out to an experienced tax attorney at Frost Law in a timely manner so we can help you find the best course of action for penalty abatement.
What Our Clients Say
About Working With Us
Real stories from real clients who trusted us with their legal journeys.
FAQs
Find answers to the most common questions about working with our firm, what to expect during your legal journey, and how we protect your interests.
Yes. We maintain strict confidentiality during your preliminary consultation. Should you retain our services, your information will be further safeguarded under the attorney-client privilege.
We can't promise a specific result. What we can do is provide advice regarding the merits of your case based on relevant laws and our own history. Please keep in mind that, as cases do differ, past performance does not guarantee future results.
The timeline for legal processes can vary. Cases may take several years of litigation or get settled within a few days. Some situations can be resolved by submitting a form or two. We will discuss this during our initial consultation. Rest assured that our goal is to shoulder the legal burden whenever possible, allowing you to focus on your daily life.
You will get regular updates on your case, particularly when it reaches specific legal milestones. If you have questions, our team is always a quick phone call or email away.
.png)