IRS 2026 Update: Is Your Penalty Removal Now Automatic?
The IRS has quietly rolled out a significant change for the 2026 tax season: Automatic First-Time Abatement (FTA). For m …
How Recent Tax Law Changes Affect Penalty Relief in 2026
If you’re dealing with IRS penalties in 2026, the rules of the game have changed, and for once, it’s mostly good news. T …
Top 5 Reasons the IRS Denies Penalty Abatements (And How to Avoid Them)
Receiving an IRS penalty notice is bad enough, but getting a Letter 1277 (the official "Request Denied" notice) can be e …
What Does the IRS Consider "Ordinary Business Care and Prudence"?
If you’ve ever tried to get an IRS penalty removed, you’ve likely bumped into this mouth-filling phrase: "Ordinary Busin …
First-Time Abatements vs. Reasonable Cause: Which Should You Choose?
When you’re staring down an IRS penalty, you don’t just want it reduced—you want it gone. The IRS essentially offers two …
How to Fill Out IRS Form 843: A Step-by-Step Guide to Penalty Relief
Staring at an IRS penalty notice feels a bit like getting a speeding ticket in the mail three months after the fact, fru …
Floyd Mayweather vs. IRS: Wealth, Liquidity, and Tax Woes
Floyd “Money” Mayweather has never been shy about flaunting wealth—but even for one of the highest-paid athletes in hist …
