The Internal Revenue Service will begin applying first-time penalty abatements automatically next year, according ...

Implemented by the Internal Revenue Service (IRS) in 2001 but infrequently used, it’s possible for certain taxpayers to avoid a tax penalty or get their money refunded from the IRS under its First ...

The IRS's First-Time Abatement program is a key penalty relief tool for taxpayers with a clean compliance history. For tax professionals, it offers the most direct way to resolve failure-to-file, ...

Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. When taxpayers fall behind with the IRS, obtaining "tax relief" ...