There are very few experiences as dreadful as owing the Internal Revenue Service (IRS) a large amount of money without the ability to pay anytime soon. Not all hope...
Federal tax penalties are one of the most widely used tools deployed by the IRS on taxpayers that fail to file/pay their tax returns. According to the IRS, FY...
Have you received penalties for unpaid federal taxes? If you have, please read on. When a taxpayer is unable to pay their Federal taxes in time, they risk being...
The IRS introduced the First-Time Abatement (FTA) about 18 years ago, but it remains largely unknown and unrequested by qualifying taxpayers. If you feel you should be exempted from...
The IRS tax penalty abatement is a provision that allows taxpayers to remove late payment penalties and interests imposed by the IRS for unpaid taxes and delayed tax reporting...
IRS penalty abatement is a provision to remove IRS penalties for late filing and late payment. If a taxpayer has a reasonable cause for non-compliance, they can apply for...
There are two scenarios in which an individual may receive an IRS penalty; they are either late in paying their taxes or they file their tax return after the...
The IRS is a difficult master that takes every instance of tax default very seriously. It levies heavy penalties on the tax offenders to set a precedence that discourages...