Most ERISA covered plans realize that they need to file an annual Form 5500. A lesser known requirement is that multiple ...

You can apply for First Time Abate relief by calling the IRS, sending a written statement or filing Form 843, Claim for Refund and Request for Abatement. If your penalty is removed, the IRS also ...

There are over 150 types of penalties in the Internal Revenue Code (IRC). One frequent penalty that the Internal Revenue Service (IRS) asserts is ...

Sec. 6752(1)(b) was satisfied by an IRS supervisor’s timely signed approval of penalties against the taxpayer, without any “meaningful review” or “reasoned decision-making,” the Tax Court held.