IRS Announces Automatic Penalty Relief For Eligible Taxpayers

New automatic penalty relief program

The Internal Revenue Service (IRS) is simplifying penalty relief for millions of eligible taxpayers.

IRS makes major change to tax penalties—what it means for millions

"Taxpayers who historically pay on time should not have to make a formal request for relief," the Internal Revenue Service says.

IRS Announces Automatic Penalty Relief For Eligible Taxpayers

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.

IRS streamlines penalty relief, replacing First Time Abate

A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and paying their taxes on time.