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Debate: Did the IRS Make the Right Call on Automatic Penalty Relief?
Expert Opinion July 16, 2026 at 02:01 PM
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What You Need To Know
- The IRS frequently grants penalty relief for failure to file, failure to pay and failure to deposit.
- The agency has announced an automatic exemption from penalty process that will replace the existing first-time abatement process.
- The current process is not written into the law but exists because it is included in the Internal Revenue Manual.
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