2022 BLOG SIX

The IRS issued a late filing penalty abatement for 2019 and 2020 taxable years. This penalty abatement is being applied automatically and taxpayers do not need to take any action to receive a refund of penalties, for late filing, that they paid.

IRS Notice 2022-36 provides information on tax returns and penalties who qualify for the penalty abatement. Returns must be filed by September 30, 2022 to qualify for relief.