Topic
penalty-relief
1 stories related to this topic, newest first.
forbes.combusiness4 hrs ago
IRS to Replace First Time Abate Program with Automatic Penalty Relief for Compliant Taxpayers
The agency will replace its First Time Abate program with Automatic Exemption from Penalty, or AEP. The change applies to eligible 2025 individual and business returns filed this year and to 2026 quarterly returns.