Tax Received an IRS Penalty Notice? Key Points Taxpayers Should Know About the New Penalty Relief Rules Starting in 2026
Learn about the IRS Automatic Exemption from Penalty (AEP) starting in 2026, how it differs from First Time Abate (FTA), who qualifies, and why FBAR and Form 3520 penalties may require separate relief procedures. Explained by a U.S. CPA.