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Penalty Relief

Penalty Relief

There are many penalties that can be imposed on taxpayers. Common penalties include failure to file, failure to pay, failure to deposit (such as payroll taxes for businesses), estimated tax penalties, fraud penalties and accuracy penalties. The IRS and other tax authorities may grant penalty relief for those that qualify.

Tax penalties can add up quickly and become a major tax problem. Find out if penalty relief is available for you in order to potentially reduce your total tax liability.

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