14
Aug
Good News: The IRS is Now Waiving Penalties Automatically
By: The Black Inc Tax Services Team It is incredibly rare for the Internal Revenue Service to announce something that actually makes a taxpayer’s life easier. However, this week, they did exactly that. On July 8, 2026, the IRS announced they are phasing out the old, tedious “First Time Abate” process and replacing it with...Read More
