Automated Tax Credit - Tax Debt Resolution

Glossary

Taxpayer Advocate Assistance

Taxpayer Advocate Assistance offers personalized support to taxpayers dealing with unresolved tax issues. It acts as an intermediary between taxpayers and the IRS.

IRS Penalty Protest Letter

The IRS Penalty Protest Letter is a formal communication to dispute tax penalties assessed by the IRS, aiming to resolve discrepancies and reduce financial liabilities.

Failure-to-Deposit Penalty

The Failure-to-Deposit Penalty is an IRS charge imposed on businesses that fail to deposit payroll taxes correctly and on time. Understanding this penalty is crucial for maintaining compliance and avoiding financial consequences.

Penalty Reconsideration Request

A Penalty Reconsideration Request is a formal query to the IRS or other tax authorities to review and possibly remove tax-related penalties assessed due to presumed non-compliance or errors.

IRS Form 843 Instructions

IRS Form 843 is used to claim a refund or abatement of certain taxes, interest, penalties, or fees. Understanding its instructions is crucial for accurate filing.

Taxpayer Penalty Protest

The Taxpayer Penalty Protest allows taxpayers to formally protest penalties imposed by tax authorities, providing a structured process for appeal and resolution.

Penalty Waiver Documentation

Penalty Waiver Documentation is crucial for taxpayers seeking relief from tax penalties. It outlines the process and requirements for waiving penalties imposed by tax authorities.