This article analyzes various efforts by the Internal Revenue Service to help taxpayers suffering from financial distress meet their tax burden. The article's analysis focuses on two announced measures: relief from tax penalties for unemployed people who cannot timely pay their taxes; and a broadening of the allowable tax burdens which can be paid under an installment plan.
- Summary by FizzLaw Team
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IRS Expands Fresh Start Initiative: Help For Taxpayers Who Are in Financial Distress