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Will You Benefit From IRS Penalty Relief and Automatic Forgiveness in 2024?

Will You Benefit From IRS Penalty Relief and Automatic Forgiveness in 2024?

Released Thursday, 18th January 2024
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Will You Benefit From IRS Penalty Relief and Automatic Forgiveness in 2024?

Will You Benefit From IRS Penalty Relief and Automatic Forgiveness in 2024?

Will You Benefit From IRS Penalty Relief and Automatic Forgiveness in 2024?

Will You Benefit From IRS Penalty Relief and Automatic Forgiveness in 2024?

Thursday, 18th January 2024
Good episode? Give it some love!
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Welcome to the Tax Insights Podcast, where we break down complex tax topics into bite-sized how-tos. In this episode of Tax Insights Podcast, Jeff Dvorachek unravels a significant move by the IRS that took place in December 2023. Join us as Jeff explores the details of the IRS's penalty relief for millions of Americans, examining its impact, the criteria for forgiveness, and the automatic refund process.

Stay tuned to understand how this decision, rooted in COVID-19 challenges, affects taxpayers and why some may find themselves receiving unexpected late Christmas gifts!

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