The new Automatic Exemption from Penalty (AEP) program starts in summer 2026
It appears this does not apply to 1041's and 990's. Is that correct? TIA
If Kwong gets rid of a late payment penalty in 2020 and 2020 was the only blemish on a 2022 late penalty seeking FTA, do you think FTA would work? (I am assuming Kwong would not apply to this California resident for 2022)
It appears this does not apply to 1041's and 990's. Is that correct? TIA
If Kwong gets rid of a late payment penalty in 2020 and 2020 was the only blemish on a 2022 late penalty seeking FTA, do you think FTA would work? (I am assuming Kwong would not apply to this California resident for 2022)