Tax Resolution Services - Brad Ritter CPA
North Carolina Provides Penalty Relief for Taxpayers with Good Compliance History
February 14th, 2011

Like the IRS and most other states, the state of North Carolina penalizes taxpayers who do not file or pay their taxes on time.  However, unlike most other states and the IRS, North Carolina provides relief to taxpayers who have a record of good compliance. Provided certain conditions are met, the NCDOR will waive 100% of penalties imposed on a tax once every three years. Essentially this waiver allows every taxpayer a “free penalty pass” for each type of tax every three years. It’s purpose is to recognize that everyone makes mistakes and sometimes has difficulty complying with the tax laws.

In order to get the penalty waiver you have to request it. This can be done either by making a phone call or writing a letter to the appropriate division of the NCDOR. Anyone who qualifies should consider taking advantage of this penalty waiver provision whenever possible.

Note: If you would like more information on requesting a penalty waiver, or have a specific case you would like to discuss, please e-mail me at bradrittercpa@hotmail.com

4 Responses to “North Carolina Provides Penalty Relief for Taxpayers with Good Compliance History”

  1. Eugene Hart Says:

    Can a taypayer go back to ty2001 request this waiver?

  2. admin Says:

    That depends on a number of factors – My advice would be to contact the NCDOR and ask them if you are eligible – the request can be done via a telephone call.

  3. James Says:

    Have you ever know of IRS waiving late filing penalty?

  4. admin Says:

    The IRS does not have a statutory provision for “good compliance” penalty releif as provided for by the NCDOR. In general, unless you can show “reasonable cause”, the IRS will not waive a late filing penalty. However, I am aware of several instances where a late filing penalty was waived without cause or a statutory requirement. Bottom line is, it never hurts to try.

Leave a Reply

Copyright © 2014 Tax Resolution Services, LLC; Raleigh Tax Relief    |     Admin
Tax Relief - Raleigh, Cary, Wake Forest
Tax Relief Assistance - Raleigh NC
Tax Debt Help - Durham NC
Tax Accountant Help - Cary NC
Owe Taxes - Chapel Hill NC
Income Tax Help - Chapel Hill NC
Income Tax Problems - Cary NC
Tax Resolution Press Releases
Tax Resolution Services - Greensboro
Owe Taxes - Greensboro NC
Tax Debt Relief - High Point NC
Tax Accountant Help - Raleigh NC
Tax Debt Negotiation - Winston Salem
Income Tax Problems - Durham NC
Income Tax Help - Wake Forest
Income Tax Help - Raleigh
Tax Debt Resolution - Triad
Tax Debt Settlement - Raleigh NC
Tax Debt Payment - Cary - Durham
Tax Accountant Services - Raleigh NC
Tax Debt Resolution - Greensboro NC
Income Tax Problems - Greensboro
Income Tax Help Winston Salem
Income Tax Resolution News
Tax Debt Payment Settlement
Tax Debt Payment Settlement
Tax Debt Compromise - Wake Forest NC
Tax Returns and Debts - Raleigh NC
Tax Debt Settlement - Greensboro NC
Income Tax Problems - High Point NC
Income Tax Help Burlington NC
Income Tax Help Raleigh NC
Raleigh Tax Debt Resolution - Brad Ritter, CPA, offers Tax Assistance, Tax Relief Services and Resolution, Income Tax Returns Consultation. If you owe taxes, we can help you get a tax debt payment settlement (NOT evasion) for citizens living in the Greater Raleigh Area: Cary, Chapel Hill, Durham and Wake Forest; also in the Triad: Greensboro, High Point and Winston Salem.