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Abatement: In general, a decrease in the amount of taxation faced by an individual or company.  Examples of an abatement include a tax decrease, a reduction in penalties, or a rebate.  More information on Penalty Relief

Amnesty: State tax amnesty programs offers individuals a window of opportunity. Pay past-due taxes and the related interest without fear of criminal prosecution and without having to pay most penalties and fees. 

Audit: an official examination and verification of accounts and records, esp. of financial accounts.  

For more information on Audit Representation

Automated Collection System (ACS): ACS contacts taxpayers via telephone regarding delinquent tax balances and tax returns. Their enforced collection authority is limited to levying  bank accounts, wages and accounts receivable. Cases which could not be resolved by ACS are sent to Revenue Officers.

Board of Directors: Also called board of trustees, board of governors, board of managers, or board of curators, is a group of people who oversee the affairs of a corporation. One member of the group may be designated or elected to serve as chairperson and is referred to as the chairman of the board.

Business Taxes: Businesses pay taxes to federal, state and local governments. Businesses pay taxes on their profits. Businesses also pay unemployment insurance, worker's compensation, social security and Medicare insurance.