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IRS rolling back penalties on some employers who didn’t deposit enough taxes

Posted by: admin in Accounting Services, CARES Act, Coronavirus, IRS, Tax credits, Tax penalties August 25, 2020 Comments Off on IRS rolling back penalties on some employers who didn’t deposit enough taxes 76 Views

The Internal Revenue Service plans to correct penalties mistakenly levied on employers who reduced their tax deposits because they expected to claim some of the new tax credits to which they’re entitled.

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