IRS provides temporary relief from audit and collection activities

People First Initiative – Providing Relief to Taxpayers

Information on Notices of Federal Tax Lien, Installment Agreements, Offers in Compromise, and Temporarily Delaying the Collection Process.

The IRS's People First Initiative is a welcome response to the COVID-19 pandemic. · The IRS will generally not start new field, office, and ...

IRS provides penalty relief for 2020 and 2021 tax returns

Temporarily delaying collection – Taxpayers can contact the IRS to request a temporary delay of the collection process. If the IRS ...

IRS announces temporary relief for taxpayers within its tax collection ...

Temporary relief is provided for taxpayers who are the subject of IRS collection efforts or who are making payments on an installment agreement or offer in ...

IRS Collections, Liens & Levies - The Tax Adviser

IRS penalty relief available when approvals not timely ... Tax Court decisions address the proof the IRS must provide to show proper supervisory approval was ...

IRS unveils new People First Initiative; COVID-19 effort temporarily ...

Pending OIC applications – The IRS will allow taxpayers until July 15 to provide requested additional information to support a pending OIC. In ...

People First Initiative Temporary Relief from Audit

People First Initiative Temporary Relief from Audit and Collection Activities by IRS. Quick Excerpts: Till now, the IRS (Internal Revenue Service) has made ...

Temporarily delay the collection process | Internal Revenue Service

To request a temporary delay of the collection process or to discuss your other payment options, contact the IRS at 800-829-1040 or call the phone number on ...

IRS Extends Relief for Foreign Financial Institutions to Report U.S. ...

Notice 2024-78 extends through 2027 the relief program that the IRS previously set out for 2022–2024 in Notice 2023-11. FATCA and TIN Reporting ...

5.1.12 Cases Requiring Special Handling | Internal Revenue Service

The CSEDs for accounts of taxpayers affected by a disaster are not suspended unless the IRS has published guidance in the Internal Revenue Bulletin (IRB) ...

25.15.3 Technical Provisions of IRC 6015 | Internal Revenue Service

In some cases, the IRS may allow the RS to withdraw a request for relief after it issues the preliminary determination. Consult with management ...

IRS Provides Temporary Relief from Controversial Foreign Tax ...

Additionally, the Treasury Department and IRS are considering whether, and under what circumstances, to provide additional temporary relief ...

IRS issues temporary foreign tax credit relief - PwC

The Notice only provides one year of relief to taxpayers with a year-end other than December 31, such as those whose fiscal year ends in June or ...

Currently Not Collectible - Taxpayer Advocate Service - IRS

While your account is in CNC status, the IRS generally won't try to collect from you. For example: It won't levy your assets and income. However ...

IRS offers significant reprieve from FTC regulations - Grant Thornton

The temporary relief primarily defers certain aspects of recent unpopular final FTC regulations that widely curtailed the creditability of ...

Protecting the Rights of Taxpayers Impacted by the COVID-19 ...

Once normal collection activities resume, the IRS will find taxpayers in even worse financial shape ... While the initiative provides temporary relief to ...

Temporary relief granted for the foreign tax credit - RSM US

The IRS and Treasury have granted taxpayers temporary relief (the relief) under sections 901 and 903 in determining whether a foreign tax qualifies as a ...

Guidance Regarding the Foreign Tax Credit and Dual ... - IRS

activities within Country X (NRCIT) and that ... application of the temporary relief provided in Notice 2023-55 to partnerships, including.

IRS helps taxpayers by providing penalty relief on nearly 5 million ...

IRS helps taxpayers by providing penalty relief on nearly 5 million 2020 and 2021 tax returns; restart of collection notices in 2024 marks end ...

GAO-25-107202, Financial Audit - Government Accountability Office

collected through IRS administrative and enforcement activities. ... 2024-200-005, The IRS Has Improved Audit Trail Collection; However, Not All.