IRS Penalty Abatements Many taxpayers do not have a wide grasp of the myriad of regulations and procedures that make up US Code Title 26, or what is more commonly known as the Internal Revenue Code. Because of this lack of knowledge, some taxpayers can find themselves facing significant tax penalties and interest charges due
first time penalty abatement waiver
Abatements and Reconsiderations
Abatements and Reconsiderations When a tax debtor fails to meet his or her federal tax obligations, he or she may too often assume that the taxes originally assessed were done so in the appropriate manner. However, this is often not the case, and in recognition of this fact the Internal Revenue Service (IRS) has been