Relief for Overstated Tax Preparation Fees
Relief for Overstated Tax Preparation Fees is a recourse for taxpayers who have been charged inaccurately high fees by tax preparers, assisting them in recovering excessive charges.
Abatement for Overstated Health Coverage Credits
Abatement for Overstated Health Coverage Credits addresses instances where the premium tax credit claimed is higher than eligibility permits, offering relief to taxpayers.
CP255 Penalty for Incorrect Reporting of Farm Income
The CP255 penalty is enforced by the IRS for inaccurately reporting farm income on tax returns, emphasizing the importance of accuracy to avoid financial penalties.
Relief for Incorrect Long-Term Care Premium Deductions
Relief for Incorrect Long-Term Care Premium Deductions addresses tax errors from incorrectly claimed long-term care insurance premiums.
Waiver for Duplicate Business Income Filings
The Waiver for Duplicate Business Income Filings helps businesses avoid double taxation by waiving penalties and streamlining tax compliance when business income is inadvertently reported multiple times.
CP154 Penalty for Late Reporting of State Tax Refunds
The CP154 penalty is imposed for late reporting of state tax refunds, impacting taxpayers' compliance with reporting obligations.
Relief for Incorrect Health Savings Account Deductions
Understand the process for rectifying incorrect Health Savings Account (HSA) deductions on your tax return, ensuring compliance and avoiding penalties.
CP224 Penalty for Incorrect Estate Income Reporting
The CP224 notice is issued by the IRS to notify taxpayers of penalties due to incorrect estate income reporting, emphasizing the importance of accurate filings.
Abatement for Misreported Social Security Income
A tax abatement related to misreported Social Security income helps rectify inaccuracies, avoiding penalties and ensuring compliance.
CP153 Notice for Incorrect Trust Asset Reporting
The CP153 Notice alerts trustees to discrepancies or errors in trust asset reporting to the IRS, vital for ensuring compliance and avoiding potential penalties.