The IRS’s First-Time Penalty Abatement: What It Is And How To Get It
If the IRS has assessed a tax penalty on your account for the first time, don't panic. You may qualify for a relief measure ...
IRS Now Makes International Tax Noncompliance Penalties Harder To Escape
New IRS educational materials from the 2024 Nationwide Tax Forum cover international tax topics such as proper FBAR and FATCA ...
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Fight The IRS With First-Time Abatement
The American tax system is complicated, and the idea of paying penalties can be especially scary if you, like most, aren't super familiar with how it all works. If you have to pay a tax penalty ...
How to Avoid Paying a Penalty If You Filed Your Taxes Late
To qualify for the first-time penalty abatement, you’ll need to meet ... If you received a notice or letter stating that the ...