Seniors on a fixed income can find relief from tax debt through various IRS programs. Find out more about these opportunities.
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IRS one-time forgiveness explained: Who qualifies and how it works
The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.
The AICPA recommended in a letter that the IRS improve several tax forms used by estates and trusts, in keeping with an executive order mandating that federal tax payments and refunds be processed ...
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