What to Do If You Owe the IRS More Than You Can Pay

What to Do If You Owe the IRS More Than You Can Pay

Finding out you owe the IRS more than you can realistically pay is stressful, but it is not uncommon—especially for small business owners, self-employed individuals, and anyone without consistent tax withholding. The worst mistake you can make in this situation is...
How to request Individual Penalty Abatement

How to request Individual Penalty Abatement

Essential Documents for Individual Penalty Abatement Penalty abatement is a great way to help reduce your client’s tax debt. Here’s how you can request apenalty abatement from the IRS. Let’s say you’ve determined that your client is eligible for a penalty...