Glossary

Abatement for Incorrect Pension Contributions addresses the correction of errors related to pension contributions, potentially reducing tax liabilities and avoiding penalties.

Relief for Incorrect Tax Code Use involves resolving issues and correcting mistakes due to wrong tax code application, easing financial burdens, and ensuring compliance.

Abatement for Payroll Misreporting entails eliminating penalties incurred through incorrect payroll tax reporting by meeting specific IRS criteria.

CP566 Dependent Verification Penalty Relief clarifies IRS notices related to discrepancies in dependent claims on tax returns, offering solutions for accurate filing.

Relief for Incorrect Business Structure Reporting helps businesses correct their tax classification errors, ensuring compliance and minimizing penalties.

A waiver for missing supplemental forms allows taxpayers to request relief from penalties for not submitting necessary tax documents by the deadline. It's essential for maintaining compliance and avoiding fines.

The CP259 Notice alerts businesses about the penalty for failing to file their tax returns with the IRS. It’s critical in maintaining compliance and avoiding further penalties.

Abatement for Charitable Contribution Errors involves addressing and correcting errors in reported charitable donations on tax returns to avoid penalties.

Relief for Incorrect Quarterly Estimates provides taxpayers with options to correct underpayment penalties associated with inaccurate estimated tax payments.

The abatement for an incorrect Taxpayer Identification Number is a relief measure that allows taxpayers to escape penalties resulting from providing an incorrect TIN during filing.