07/14/2026
The IRS is changing how eligible taxpayers receive penalty relief.
Under the new Automatic Exemption from Penalty program, qualifying taxpayers with a strong history of timely filing and payment may receive relief from certain penalties automatically without the need to submit a formal request.
Read our latest client alert: https://hubs.li/Q04pwD5x0 to learn who may qualify, which penalties are covered, and what taxpayers should know as the IRS transitions away from First Time Abatement.