They can help you get back into compliance with the IRS and apply
for penalty abatement.
Not exact matches
Penalty abatement: Through this tax debt resolution method, a tax debtor challenges interest and
penalties for a specific length of time.
The New York City Department of Finance recently announced the availability of
penalty abatements for certain taxpayers that have underpaid business taxes due to the inclusion of Section 965 income.
For information regarding submitting a
penalty abatement, see the instructions on Memorandum No. 18 - 4 and the NYC Department of Finance website.
Leveraged knowledge of federal tax code to win IRS
abatements that averted tax
penalties of $ 11,500 and $ 7,000
for two farm operations.