In this column I’ll explain some ways to minimize these penalties, and possibly even obtain a complete waiver. If you receive a notice or letter from the IRS indicating you may be subject to ...
Taxpayers can also request FTAs by submitting IRS Form 843, "Claim for Refund and Request for Abatement by mail. Taxpayers can also grant reasonable cause penalty abatements for things like ...
The IRS can impose significant penalties if you fail to file or pay your taxes on time. If the IRS claims the failure to file is fraudulent, the late filing penalty can be as high as 75 percent.
As the IRS intensifies its efforts to reclaim improperly paid ERC funds, receiving such a letter can be daunting. This is the second round of recapture letters. Previously, the IRS sent letters to ...
Those are the same politicians who will now try to protect the source of their campaign donations by describing the IRS as a threat to average Americans. Congressional budget cuts have reduced the ...
This letter is not about whether the death penalty in Arizona is moral, civilized, or an effective deterrent to murder; rather, it is about government incompetency and idiocy. After the government ...
The IRS said Friday it is sending a total of $2. ... The agency will send a letter to recipients to let them know they will receive the payment. The tax agency said the checks will be sent in ...
No one wants to receive a letter from ... You can request a penalty abatement if this is the first time you have been assessed penalties or your last penalty was more than three years ago. Showing ...
Mr. Wolfson said that one to 10 years might be a more appropriate penalty. In addition, Nevada Assemblywoman Melissa Hardy has requested a “Reba bill,” which would enhance animal cruelty ...