penalty notices

Collections | Politics

Senators Ask IRS to Work With Taxpayers on COVID-Related Relief
ByKelly Phillips Erb December 18, 2020September 9, 2026

Remember the flurry of IRS notices that got sent out in mid-November? Many of those notices – especially those notices of intent to levy (CP504) – were sent out without regard for individual taxpayer circumstances, with tax practitioners reporting receipt by taxpayers previously marked as CNC (currently not collectible), taxpayers with pending offers, and taxpayers…

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Collections | IRS News

IRS Mistakenly Sent Penalty Notices To Businesses
ByKelly Phillips Erb August 27, 2020November 19, 2020

Did you recently receive a penalty notice for your payroll tax deposit even though you remitted the correct amount? You’re not alone. The Internal Revenue Service (IRS) has announced that a “small population of employers” may have received notice that they were being assessed a failure to deposit penalty – even though the penalty doesn’t…

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