IRS Penalty Abatement: First-Time Abate and Reasonable Cause, Explained

by Noah Green CPA CFE | Jun 17, 2026 | Penalty Relief

The short version The IRS adds penalties to a great many tax bills, but a penalty is not always final. Penalty abatement simply means getting a penalty removed or reduced. There are two main routes. The first is First-Time Abate, an IRS administrative break for...

First Time Penalty Abatement: A Powerful IRS Program to Reduce Your Tax Penalties

by Noah Green CPA CFE | Jan 2, 2025 | Penalty Relief

Navigating IRS penalties can feel overwhelming, but there is hope for taxpayers who qualify. The First Time Penalty Abatement (FTA) program is an IRS initiative designed to offer relief to eligible taxpayers facing penalties for failing to file, pay, or deposit taxes...