Phrases with «penalty abatement»

"Penalty abatement" refers to the reduction or elimination of a penalty or fine that someone owes. It is a way of providing relief by reducing the financial burden on an individual or organization, making the penalty more manageable or removing it altogether. Full definition

Sentences with «penalty abatement»

  • They can help you get back into compliance with the IRS and apply for penalty abatement. (taxdebthelp.com)
  • Learn how to request penalty abatement from the IRS. (hrblock.com)
  • The First Time Penalty Abatement (FTA) program is for taxpayers with a good track record of compliance. (taxdebthelp.com)
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