Category: Penalty abatement

  • Pay Taxes and Clear Debts to Avoid Costly Penalties

    In order to support the Civil Ware effort, in 1862, Congress enacted the first income tax law of the nation. Later, in 1913, the 16th Amendment to the Constitution made the income tax a permanent piece of the U.S. tax system. Although those acts are meant to benefit the public, many find themselves facing IRS…