AICPA Recommends IRS Expand and Adjust First Time Abatement Program
March 07, 2026
March 07, 2026
NEW YORK, March 7 -- The American Institute of CPAs issued the following news release on March 6, 2026:
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AICPA Recommends IRS Expand and Adjust First Time Abatement Program
Washington, D.C. - The American Institute of CPAs (AICPA) sent a letter to the Internal Revenue Service (IRS) recommending that the First Time Abatement (FTA) program be expanded to cover more types of tax and information return penalties. The letter also asks that taxpayers be allo . . .
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AICPA Recommends IRS Expand and Adjust First Time Abatement Program
Washington, D.C. - The American Institute of CPAs (AICPA) sent a letter to the Internal Revenue Service (IRS) recommending that the First Time Abatement (FTA) program be expanded to cover more types of tax and information return penalties. The letter also asks that taxpayers be allo . . .