Tuesday Tax Tip

People First Initiative: Liens and Levies (Part I)

Topic: People First Initiative: Liens and Levies (Part I) Q. Will levies and wage garnishments remain in place or will these be paused from 4/1 to 7/15? Can the taxpayer request a pause? If so, how? A. Levies will not be automatically released. IRS will consider taxpayers’ requests to release levies on a case by […]
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People First Initiative (Part III)

Topic: People First Initiative (Part III) Due to COVID-19, the IRS’ People First Initiative provides relief to taxpayers on a variety of issues from easing payment guidelines to delaying compliance actions. This relief is effective through the filing and payment deadline, Wednesday, July 15, 2020. · Automated liens and levies – IRS delayed issuing new […]
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People First Initiative (Part II)

Topic: People First Initiative (Part II) Due to COVID-19, the IRS’ People First Initiative provides relief to taxpayers on a variety of issues from easing payment guidelines to delaying compliance actions. This relief is effective through the filing and payment deadline, Wednesday, July 15, 2020. · Delinquent return filings – The IRS will not default […]
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People First Initiative (Part I)

Topic: People First Initiative (Part I) Due to COVID-19, the IRS’ People First Initiative provides relief to taxpayers on a variety of issues from easing payment guidelines to delaying compliance actions. This relief is effective through the filing and payment deadline, Wednesday, July 15, 2020. · Existing Installment Agreements –Under an existing Installment Agreement, payments […]
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People First Initiative – Installment Agreements

Topic: People First Initiative – Installment Agreements IRS People First Initiative includes relief for taxpayers with Installment Agreements · On March 25, 2020, the IRS announced The People First Initiative to provide compliance relief to taxpayers experiencing COVID-19 related hardships, which includes relief for those with Installment Agreements. · The IRS encourages taxpayers to continue […]
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People First Initiative – liens and levies

Topic: People First Initiative – liens and levies People First Initiative: IRS suspends certain collection actions On March 25, 2020, the IRS announced The People First Initiative to provide compliance relief to taxpayers experiencing COVID-19 related hardships. Part of that relief includes suspending most of its enforced collection actions. · The IRS will suspend the […]
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