There will likely be a number on the upper right-hand side of the letter that ... types of penalty relief If it turns out that you don’t qualify for first-time penalty abatement, you might ...

If the IRS has assessed a tax penalty on your account for the first time, don’t panic. You may qualify for a relief ... for Abatement. Mail it to the address listed on your notice or letter.

With offices across the country shut down, quarantines and shutdowns in effect, and many people sick, taxpayers and tax practitioners both needed the extra time ... abatement letter for members to use ...

First Time Abate is another penalty tool that we are surprised hasn’t yet become mainstream in tax practice. In 2001, the Internal Revenue Service began granting penalty relief under an ... on the ...

and be sure to use IRS lingo in the letter. Ask for an “abatement” of penalties due to “reasonable cause” or through the “First-Time Abate program.” If seeking relief for reasonable ...

Taxes and other financial matters have also been significantly complicated by new relief provisions ... practitioners are likely finding their go-to penalty abatement defenses are either the ...

The IRS considers requests for relief from penalties if a taxpayer is eligible for first-time abatement, said Gail Rosen, a Martinsville-based certified public accountant. To be eligible ...