Posts Tagged ‘Penalty Abatement’
How to Reduce an IRS Tax Liability in 5 Steps
Dealing with a significant IRS tax debt is not for the faint of heart, especially if the debt is large and if there are penalties and fees accruing over time. But here’s the most important thing to know: you can reduce your tax liability, and you can regain control of your financial situation. It…
Read MoreHow to Settle Tax Debt in 2025: A Guide for Taxpayers
If you’re struggling with tax debt in 2025, you’re not alone. CNBC recently reported that among those who owe taxes to the IRS, 25% of them expect to go into debt in order to pay their tax bill. Many Americans face challenges with unpaid taxes due to a variety of reasons, such as job…
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