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Tax Resolution Program Spotlight: First Time Penalty Abatement (FTA)
What Is First Time Penalty Abatement?The First Time Penalty Abatement is a one-time administrative waiver offered by the IRS. It allows qualifying taxpayers to remove certain penalties for: Who Might Qualify for FTA? You may be eligible for FTA if: FTA is available for both individual and business taxpayers and applies only to a single
