Tax News

IRS Notice 2022-36 Waives Late Filing Penalties

IRS Notice 2022-36 waives late filing penalties for 2019 and 2020 returns filed late but on or before Sept. 30, 2022.

Applies to income tax returns:
 1040, 1040NR
 1041
 1065, 1120, 1120S
 990 PF
 And more
 Does not apply to estimated tax, underpayments, preparer penalties

 
If late filing penalties have already been paid, they will be abated.
 
Tina Harvey

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