07/14/2026
"The IRS said its new Automatic Exemption from Penalty (AEP) will automatically provide penalty relief for failure to file, pay or deposit employment taxes to eligible taxpayers. AEP applies to eligible original returns beginning with tax year 2025 and 2026 quarterly returns, as well as future tax periods, the IRS said.
Americans who were late filing or paying taxes historically have had to ask the IRS to waive the fines. The new automated system will save Americans time and reduce the IRS' burden of processing the formal requests."
IRS to give automatic tax penalty relief to eligible Americans, starting this summer. This is a major win for everyone, experts say.