How to Use IRS Form 843 for Tax Refunds and Abatements

Learn how to use IRS Form 843 to request refunds for overpaid taxes or seek abatement of interest and penalties. File within specified timelines to secure your claims.
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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 known as a first-time penalty abatement. Who Qualifies for the First-Time ...
Accounting Today

Inside the IRS failure-to-pay penalty relief initiative

On Dec. 19, 2023, the Internal Revenue Service provided taxpayers some good news and some bad news with the announcement of Notice 2024-7. Processing Content The bad news is that the IRS is restarting ...