Potential penalty abatement means the possibility that the amount of a penalty might be reduced.
There are many ways one can get a penalty abatement from the IRS. One can get a penalty abatement from the IRS if they call the penalty correspondence team and request a first time offense case warning instead.
Penalty abatement is not something that one would want to "get out of". Penalty abatement is a relief from paying penalties to the IRS for the late filing or paying of taxes. First-Time Abate is a program for those who have been in compliance with the tax laws for at least three years.
abatement
abatement abatement
Rent abatement is reduction of the amount of rent due.
Abatement of pain is the same as reduction of pain.
Abatement may refer to Abatement Technologies, a well-known manufacturer of air duct cleaning equipment. Or it may refer to other services offered by the air duct cleaning provider, such as asbestos abatement or lead abatement.
Smog abatement means reducing the amount or intensity of smog.
Pollution abatement is reduction of the amount of pollution being created or existing in an area.
An order of abatement is a legal order to correct a violation of some sort.
Some words that rhyme with "understatement" are abatement, defacement, and merriment.