IRS grants penalty relief for late 2019 and 2020 returns as long as they are filed by 30 September 2022

Today, the IRS issued Notice 2022-36 to provide penalty relief to most people and businesses who file certain 2019 or 2020 returns late. Additional assistance will be provided to those who have already paid these penalties as well.

Find out more here https://www.irs.gov/pub/irs-drop/n-22-36.pdf