Date: August 26, 2022Attorney: Martin D. Hauptman
The IRS has issued Notice 2022-36 providing pandemic-related tax relief.
This notice provides relief for certain taxpayers from certain failure to file penalties and certain international information return (IIR) penalties with respect to tax returns for taxable years 2019 and 2020 that are filed on or before September 30, 2022. This notice also provides relief from certain information return penalties with respect to taxable year 2019 returns that were filed on or before August 1, 2020, and with respect to taxable year 2020 returns that were filed on or before August 1, 2021.
Read the full IRS update: https://bit.ly/3CwOx51