August 25, 2020   //   COVID-19 Tax   //   By PKF Mueller Solutions


The IRS announced the suspension of sending certain balance-due notices to taxpayers. During this suspension they will continue to process its backlog of unopened mail, which may in some cases contain the sought payments.

The IRS has also been working to identify and correct erroneous penalties it applied to some employers who reduced their payroll tax deposits to claim COVID-19 relief-related credits.

Read more here.