A Penalty Abatement is an IRS program where the IRS removes some or all of the accumulated penalties from the tax debt, substantially reducing the total of the overall amount.
The IRS enforces penalties to encourage voluntary compliance of the tax code. Compliance consists of preparing an accurate return, filing it in a timely manner, and paying any tax due.
The application for a Penalty Abatement is reviewed by a IRS, and is entirely up to them to make the final decision.
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