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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.
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At Old House, we’ll assist you in navigating these situations, including any abatement penalties if you are eligible.
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