Episode

IRS Just Auto-Waives Tax Penalties | Virginia Beach News

Podcast
Virginia Beach News Today | 2 Min News | The Daily News Now!
Published
Jul 16, 2026
Duration seconds
93
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not_requested
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https://sources.thednn.ai/1f7a889d83d2d429
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https://api.fastcast.ai/audio/c2f2b2f6-edd0-4c10-83e0-dc89b1932a89.mp3
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Summary

The IRS just launched Automatic Exemption from Penalty — a game-changing new program that quietly waives tax penalties for taxpayers with a clean three-year record, even if they slip up in a single year. No more begging — the IRS will automatically forgive penalties starting in 2025, sending you a confirmation letter. Unlike the old one-time relief option, this program looks at your history, giving you multiple chances to recover without penalty. The old system vanishes after January 1, 2027, so if you get a penalty notice and think you qualify, now’s the time to ask. It’s a smart, compassionate upgrade designed to reward responsible taxpayers and give them a safety net when mistakes happen. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/1f7a889d83d2d429