Indiana DOR Issues Letter of Findings on Abatement of Late Filing Penalty

The Indiana Department of Revenue (DOR) issued a Letter of Findings granting a refund of $15,000 in late filing penalties to an Indiana employer after determining the company showed reasonable care in relying on its bookkeeper, who embezzled funds and failed to file returns from 2018 through 2023. The DOR found that the company acted promptly to report the issue and pay the overdue taxes once discovered, meeting its burden of proof to abate the negligence penalties. The decision aligned with the IRS’s abatement of federal penalties in similar cases. [Ind. Dep’t of Revenue, Letter of Findings, No. 03-20241751, 11/19/24] ...