Taxpayer Relief: IRS Waives Penalties on 2020 and 2021 Tax Returns

If you didn’t pay taxes on time in 2020 and 2021, the IRS has good news. You don’t have to pay normal penalties. Why? Because the pandemic disrupted so many routines. Here’s what you need to know. Background Millions of businesses, including the IRS, ceased or limited their operations during the COVID-19 pandemic. While lockdowns […]