Category: Tax penalty abatement

  • Clear Debts Promptly to Avoid Harmful Tax Penalties

    During the Civil War, individuals earning between just $600 and $10,000 a year paid a tax rate of 3 percent . Nowadays, both wages and taxes have increased, and the complexities associated with that trend have caused many individuals to have to deal with IRS garnishments. Wage garnishment, which is the most common type, is…