Tag Archives for " IRS penalty relief "

IRS grants $1B in penalty relief

  • January 10, 2024

The IRS has granted about $1 billion in penalty relief to some 4.7 million individuals, businesses and tax-exempt organizations that were not sent automated collection reminder notices during the pandemic.Most

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IRS Reduces Backlog, Needs to Extend Penalty Relief

  • September 9, 2022

The Internal Revenue Service is making progress on its backlog of unprocessed tax returns, as it's asked by the American Institute of CPAs to extend its recently announced penalty relief through the end

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