Covid Tax Relief
August 24 Update
Penalty relief for certain 2019 and 2020 returns due to the pandemic To help struggling taxpayers affected by the COVID-19 pandemic, the IRS today issued Notice 2022-36PDF, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The IRS is also taking an additional step to help those who paid these penalties already. Nearly 1.6 million taxpayers will automatically receive more than $1.2 billion in refunds or credits. Many of these payments will be
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