Unlocking the Benefits of First-Time Abatement: A Guide for Taxpayers
Thursday, 25 April 2024, 09:30
What is first-time abatement?
First-time abatement is administrative relief provided by the IRS to those in good tax standing.
How to file for first-time abatement
You can request first-time abatement by calling the toll-free number provided in the IRS notice or appeal a rejection if needed.
How to improve your tax situation
Consider using tax software, consulting a tax professional, or paying taxes quarterly to avoid penalties.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.