Tax Disputes & Tax Controversy Services

Navigating Tax Disputes & Controversy

Contact from a Federal or state tax agency can be concerning and stressful for a taxpayer. Cendrowski Corporate Advisors’ comprehensive tax controversy services are designed to help clients prevent, manage, and settle tax controversies and conflicts.

The firm’s specialists act expeditiously to resolve outstanding tax disputes, coordinating the efforts of the client’s internal team and professional advisors at every step of the resolution process. We have established an excellent reputation within the IRS and various state authorities as resolute advocates for our clients in matters of tax controversy, both civil and criminal. Contact us to learn more about navigating tax controversy & tax disputes.

Client Success: Responding to an IRS Notice of Penalties

Filing partnership returns late can cause penalties to be assessed by the IRS, which is considered a tax controversy. Fortunately, the IRS acknowledges that mistakes happen and may offer ways for partnerships to request that penalties be waived if a good reason exists. Partnerships are allowed to request abatement of these penalties if they meet the requirements of Revenue Procedure 84-35.

In this case, a Cendrowski Corporate Advisors client alerted our team to a new partnership they had formed in the prior tax year. Unfortunately, they provided this information after the original due date of the partnership return. This misstep meant that an extension had not been filed by the original due date, either.

Our team prepared and filed the return a few months later. The IRS sent tax notices to the partnership, notifying them of a penalty to the partnership for the late filing and payment. This tax controversy notice did mention that if the partnership had a good reason for filing late, a signed letter could be sent, to state their case and ask for a reduction or elimination of the penalties.

Cendrowski Corporate Advisors drafted a response letter requesting an abatement of the penalty assessed by the IRS under IRC Section 6231 and Revenue Procedure 84-35, which allows for the abatement of penalties on late filed returns if the partnership can show reasonable cause and meets four requirements. Our response detailed the requirements and how the partnership met each one. The IRS sent the partnership a letter stating that all penalties had been removed since we met all requirements. This action saved our client significant fines, penalties and interest.

InContext Advisors and Cendrowski Corporate Advisors

InContext Advisors and Cendrowski Corporate Advisors Forge Strategic Partnership to Elevate Wealth Management Services Joining Forces to Provide Unparalleled Expertise in Governance, Financial Planning, and Tax Strategies Tailored for High-Net-Worth Clients CHICAGO, April 30, 2024: InContext Advisors, LLC, an Independent Multi-Family Office, and Cendrowski Corporate Advisors (“CCA”), a Family Office Tax Structuring and Compliance Services […]

Read More
cendrowski shorts

The Benefit of the Long View

In this video, Harry Cendrowski uncovers the critical importance of long-term investment strategies over short-term gains as he talks about the repercussions of hasty decisions that are sometimes made around investments.

Read More
cendrowski shorts

What Happens When You Get to the Point of Illiquidity

In this video, Harry Cendrowski explores the intricate dynamics of family office investments and the complexities that arise when liquidity issues impact partnership structures. More specifically, there are specialized firms offering buyout opportunities for family offices facing liquidity constraints, reshaping the landscape of private investments.

Read More

Let's Collaborate

Opportunities don’t happen, you create them. The same is true for well-informed business decisions.

How can we collaborate with you and your team?

Cendrowski Corporate Advisors needs the information you provide to us to contact you about our services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.

* indicates required fields

Scroll to Top