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What Is the IRS First Time Penalty Abatement?

What Is the IRS First Time Penalty Abatement? - Traxion Tax

Owing money to the IRS is one thing. The IRS can supersede all private creditors and utilizes multiple collection actions to coerce payment. Yet, despite a relatively diverse arsenal of options for dealing with tax debt, IRS first time penalty abatement is a great option. The IRS’ most persuasive tool is simple: penalties and interest. The IRS…

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