The IRS is launching Automatic Exemption from Penalty (AEP) for 1.5 million taxpayers. Find out if your failure-to-file or ...
Under the new system, eligible taxpayers will no longer have to request penalty relief that the IRS says is routinely granted ...
As of the 2025 filing season, the IRS is applying First-Time Abatement automatically – without requiring taxpayers to request it – for qualifying penalties on individual returns. IRVINE, CA / ACCESS ...
A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and ...
The IRS offers four core resolution programs, each tailored to a different financial profile - and choosing the wrong ...
Dealing with IRS penalties and incorrect tax assessments can be frustrating. This is especially true when you believe the charges are unfair or that they resulted from circumstances beyond your ...
The new process will replace First Time Abate and allow the IRS to provide certain penalty relief during return processing without requiring taxpayers to ask for it.
As of the 2025 filing season, the IRS is applying First-Time Abatement automatically - without requiring taxpayers to request it - for qualifying penalties on individual returns. IRVINE, CA / ACCESS ...