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Idea from Mia Lewis

Title

Five Reasons the IRS Abates Penalties

Summary

The IRS assesses about 39 million penalties each year- and only 11% are abated. Why? Because many do not request or know how to request abatement. For most penalties (late filing, late payment, and return error), the basic five reasons the IRS abates penalties will be summarized in this article.

Author

Mia Lewis