07/15/2026
The IRS just made a major change to how they forgive penalties. Swipe through to see the timelines and who is eligible!
(This content is for educational and informational purposes only, summarizing updates directly from the official IRS Newsroom (IR-2026-83). It does not constitute formal tax, legal, or financial advice. AEP only waives select penalties, so taxpayers are still legally responsible for paying the baseline tax due and any compounding interest. Consult a certified public accountant regarding your unique tax account status.)