IRS Forgives Dementia Sufferer For Late Filing

IRS_FB-300x220 IRS Forgives Dementia Sufferer For Late Filing  The IRS Office of Chief Counsel advised that late filing and payment penalties assessed against a taxpayer could be abated for reasonable cause where the taxpayer suffered from dementia when the return was prepared and filed and that the illness caused the delinquencies.

The IRS stated the fact that the taxpayer appointed an individual as her power of attorney before the relevant time period would not affect an abatement decision because it was the taxpayer’s duty, not the POA’s, to timely file and pay her taxes.