An exempt organization may qualify for relief from an IRS penalty if it is the first tax penalty or if the organization meets other criteria allowed under tax law. First Time Abate is the most common administrative waiver. Penalties eligible for First Time Abate include:
Failure to file
Failure to pay
Failure to deposit
An exempt organization may also qualify to have certain penalties removed or reduced if the organization acted with reasonable cause and in good faith. Reasonable cause