New IRS Program to Offer Automatic Penalty Relief

Consider writing about:

The Internal Revenue Service’s recent announcement of its new Automatic Exemption from Penalty Program; when this program goes into effect; who qualifies for relief under this program; whom the program most benefits, or types of penalties or examples of situations to which it will mainly apply; how the new AEP program compares to prior IRS penalty relief options; alternatives to the AEP program; any cautionary notes that may pertain to use of the AEP program.

Related information:

https://www.irs.gov/newsroom/irs-simplifies-penalty-relief-introduces-automatic-process-for-eligible-taxpayers

https://www.irs.gov/newsroom/automatic-exemption-from-penalty-what-taxpayers-should-know