Glossary

Relief for Duplicate Business Tax Filings helps businesses resolve errors from submitting duplicate tax documents, preventing penalties and ensuring compliance.

The CP177B notice addresses penalties for inaccuracies in reporting the Child Tax Credit on tax returns, highlighting compliance importance.

Abatement for overstated health coverage premiums allows taxpayers to correct over-reported premiums, ensuring accurate tax filings and compliance.

The CP292 Notice addresses duplicate estimated tax payments made by taxpayers, clarifying the implications and necessary actions to reconcile their tax accounts.

Relief for Misreported Small Business Income helps small businesses correct income discrepancies on tax returns and avoid penalties.

A waiver for duplicate amended tax returns helps taxpayers avoid penalties or unnecessary complications when mistakenly submitting multiple amended returns to the IRS.

CP295A is an IRS notice concerning penalties for inaccurately reporting nonresident income. Understanding its implications can help avoid costly fines.

The abatement for overstated state tax credits is a process to correct tax liabilities when state tax credits are claimed beyond eligibility, ensuring compliance and financial accuracy.

The CP236 is a notice issued by the IRS highlighting penalties for incorrect IRA rollovers. Understanding its implications is crucial for maintaining tax compliance.

Learn about options and procedures to obtain relief for duplicate pension contribution filings, focusing on avoiding penalties and ensuring compliance.