IRS to Erase $1.2 Billion Late fees from Pandemic
The IRS on Wednesday announces that it will erase all late fees
For the taxpayers who failed to file their taxes on time during pandemic.
The IRS anticipates nearly 1.6 million taxpayers will get roughly $1.2 billion relief
The agencyh will automatically send out the tax refunds or credits
for most of the fees by Spetember end.
Tax returnes for 2019, 2020 which are due in 2020 and 2021 will be eligble for the relief.