The Short Answer: Yes, But With Limits The IRS does have the power to levy retirement accounts for unpaid taxes. However, not all retirement income is treated equally…
Day: October 8, 2025
How to Reduce or Remove IRS Penalties
Penalty Abatement FAQs Can the IRS remove penalties on my tax debt? Yes. The IRS offers several paths to penalty relief, including First-Time Penalty Abatement (FTA), Reasonable Cause,..
How Long Does the Abatement Process Take?
If you have been hit with IRS penalties, you may be wondering how long it will take for the IRS to review a request for relief. The penalty..