There’s nothing more stressful than tax season. You’ve got to figure out what you owe and how many deductions and credits you can claim.<\/p>\n\n\n\n
Sometimes, things don’t work out quite the way you expect them to. When that happens, you may find yourself faced with tax penalties.<\/p>\n\n\n\n
While getting hit with a tax penalty from the IRS might seem daunting, you have some options for how to handle it. One of those options is an IRS penalty abatement.<\/p>\n\n\n\n
If you’ve been hit with a tax penalty and are looking for help, the IRS penalty waiver system could be for you. Let’s take a look at what an IRS penalty abatement is and how it can help you.<\/p>\n\n\n\n
As unfriendly and intimidating as the IRS may seem, they actually have a number of programs in place to help taxpayers. One of those programs is something called the IRS first-time penalty abatement<\/a>.<\/p>\n\n\n\n This tax penalty relief is fairly straightforward. It’s a system that was set up by the IRS12 years ago to reward taxpayers who have, until this point in time, had a clean tax record.<\/p>\n\n\n\n