IRS Compliance & PenaltiesAnswered

What does a strong reasonable cause timeline actually look like for a foreign LLC filing mistake?

JK
jae_kr_4afbnew member
January 24, 2025 1,950 views 1 answer
reasonable-causetimelinesouth-koreapenalty-reliefforeign-llcfiling-mistake

I am in South Korea and am trying to draft a penalty relief request after a missed filing for my Delaware LLC. People keep saying to provide a timeline, but I do not know how detailed it needs to be. I do not want to send a vague explanation that sounds emotional instead of factual.

The business is small, with about $28,000 in revenue, and the filing issue came from a combination of late records and misunderstanding of the requirements. I want to know what details the IRS is likely to care about most.

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