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The IRS Grants Penalty Relief for Most 2019 and 2020 Late Filers

by | Aug 25, 2022 | IRS |

If you were unable to file your federal tax returns on time in 2019 and/or 2020, good news! The IRS has agreed to voluntarily abate penalties for the failure to timely file due to the COVID-19 pandemic.

The relief will apply to the most common forms for individuals and businesses, which will be abated and refunded or credited without the taxpayer needing to request additional relief.

To read the full News Release and Notice, click here: News Release IR-2022-155 and Notice 2022-36.


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