Taxpayers may receive automatic IRS relief under a new system, but a key eligibility rule still applies.
Tens of millions of taxpayers who were penalized by the IRS during the COVID-19 pandemic for failing to pay their taxes or ...
If the IRS has assessed a tax penalty on your account for the first time, don’t panic. You may qualify for a relief measure known as a first-time penalty abatement. Who Qualifies for the First-Time ...
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.
A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and ...
The IRS's First-Time Abatement program is a key penalty relief tool for taxpayers with a clean compliance history. For tax professionals, it offers the most direct way to resolve failure-to-file, ...
IRVINE, CA / ACCESS Newswire / June 8, 2026 / For the first time, a key form of IRS penalty relief is being granted automatically. As of returns filed in 2026 for tax year 2025, the IRS now applies ...
April 15, 2024 Add as a preferred source on Google Add as a preferred source on Google If you miss this week’s tax filing deadline, you might be feeling anxious about getting hit with late-filing ...
IRVINE, CA / ACCESS Newswire / June 22, 2026 / Taxpayers carrying back-tax debt often hear about the IRS Fresh Start Program as if it were a single option. In reality, the framework rests on four ...
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 ...
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 ...
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