Tax Relief with Logan Allec, CPA

← Tax Relief with Logan Allec, CPA6 Sept · 12 min

IRS Penalty Abatement Explained: Here Are Your Three Options

IRS Penalty Abatement Explained: Here Are Your Three Options6 Sept12 min
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IRS penalties and the interest charged on them can dramatically increase your tax debt—but there are three major ways taxpayers may qualify to have IRS penalties removed, including a new automatic penalty exemption beginning in 2026. In this video, CPA Logan Allec explains reasonable-cause relief, First Time Abatement, the new Automatic Exemption from Penalty, and what each option can and cannot eliminate. Call 866-8000-TAX (866-800-0829) for a free consultation. Book online: https://choicet...