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The IRS offers a tax penalty forgiveness program under two main approaches: First Time Abatement of Penalties and Reasonable Cause Relief. These options cover almost all types of penalties, including failure-to-pay penalties, failure-to-file penalties, and understatement of tax penalties. However, qualifying for penalty abatement depends on meeting specific criteria. How to Qualify for IRS Penalty Abatement 1. Pre-Resolution Checklist: Start by addressing the root cause of your tax issues. Ensur
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