IRS says automatic penalty relief starts this summer—who qualifies and what to watch
The IRS says Automatic Exemption from Penalty (AEP) will replace parts of First Time Abate starting summer 2026—here’s who gets automatic relief.
The IRS says Automatic Exemption from Penalty (AEP) will replace parts of First Time Abate starting summer 2026—here’s who gets automatic relief.
AEP replaces First Time Abate for eligible late filers: the IRS will skip some failure-to-file/pay/deposit penalties starting Summer 2026.