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ABATEMENTS
An abatement is a reduction or an exemption on the level of taxation faced by an individual or company. Examples include a tax decrease, a reduction in penalties, or rebates. If you overpay your taxes or receive a tax bill that is incorrectly high, you can request an abatement from the tax authorities.
At Old House, we’ll assist you in navigating these situations, including any abatement penalties if you are eligible.
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