IRS unveils new People First Initiative

To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions.
People First

IR-2020-59, March 25, 2020

WASHINGTON — To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing compliance actions.

“The IRS is taking extraordinary steps to help the people of our country,” said IRS Commissioner Chuck Rettig. “In addition to extending tax deadlines and working on new legislation, the IRS is pursuing unprecedented actions to ease the burden on people facing tax issues. During this difficult time, we want people working together, focused on their well-being, helping each other and others less fortunate.”

“The new IRS People First Initiative provides immediate relief to help people facing uncertainty over taxes,” Rettig added “We are temporarily adjusting our processes to help people and businesses during these uncertain times. We are facing this together, and we want to be part of the solution to improve the lives of all people in our country.”

These new changes include issues ranging from postponing certain payments related to Installment Agreements and Offers in Compromise to collection and limiting certain enforcement actions. The IRS will be temporarily modifying the following activities as soon as possible; the projected start date will be April 1 and the effort will initially run through July 15. During this period, to the maximum extent possible, the IRS will avoid in-person contacts. However, the IRS will continue to take steps where necessary to protect all applicable statutes of limitations.

Read more

Share:

More Posts

Elder Abuse In Nursing Homes

Elder Abuse In Nursing Homes

Understanding Elder Abuse in Nursing Homes: A Growing Concern Elder abuse in nursing homes is a critical issue that affects thousands of vulnerable individuals each

Taming the Urge: Simple Tips to Resist Impulse Buying

Taming the Urge:

Taming the Urge: Simple Tips to Resist Impulse Buying Impulse buying can wreak havoc on your finances and lead to regret. Here are some practical

Banking with Purpose:

Banking with Purpose:

Why Christian Community Credit Union Stands Out In a world where financial institutions often feel impersonal and profit-driven, there’s a refreshing alternative: Christian Community Credit

Send Us A Message

MRHerrera