Tag Archives: Taxpayer Relief Initiative

The New IRS COVID Relief Rules — What You Need to Know: Part III

Tax debt has always prompted considerable stress, but this is doubly true during a pandemic, when resources for handling this burden may be scarce. While the previous IRS People First Initiative made it possible to step back and focus on other, more urgent financial concerns, the agency may be in the first stages of cracking […]

The New IRS COVID Relief Rules — What You Need to Know: Part II

After a brief and unprecedented period of COVID-prompted forgiveness from the IRS, the agency appears poised for a crackdown. It will no longer be as easy to procrastinate on paying taxes or making arrangements to resolve debt. Thankfully, IRS Deputy Commissioner Darren Guillot and other leaders at the agency recognize that well-meaning individuals are going […]