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IRS & Financial· 4 min read

First-Time Penalty Abatement (FTA) — How to Qualify

FTA removes failure-to-file, failure-to-pay, and failure-to-deposit penalties for one tax year if you have a 3-year clean record.

First-Time Abate is the easiest penalty relief to obtain. It requires no proof of reasonable cause — just a clean compliance history.

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