Robert Rimberg shares some important IRS Updates.
“The IRS recognizes these are challenging times for everyone and understands that many Americans still face COVID-related hardships. It’s important to resume critical tax compliance responsibilities and continue to assess the wide-ranging impacts of COVID-19 and other difficulties people are experiencing.”
To that end, they’re “offering a wide range of taxpayer relief options.
“First, under existing rules for immediate, broad-based relief from unpaid liabilities resulting from COVID-19 issues, including those affected by IRS mail processing and correspondence delays.
“Second, they’ll expand flexibilities to all taxpayers whose financial condition has been impacted from COVID-19.
“And third, they will balance the relief provided against the need to uphold the nation’s tax laws and make sure there are resources available to work complex cases or address egregious non-compliance.”
“Here’s an important point people shouldn’t overlook. If you have questions regarding paying your taxes, don’t go silent. Please don’t ignore the notice arriving in your mailbox. Read from source here: https://www.irs.gov/about-irs/irs-offers-new-relief-options-to-help-taxpayers-affected-by-covid-19
https://www.youtube.com/watch?v=Agaa6evx0Zw