IRS rolling back penalties on employers who didn’t deposit enough taxes but plan to claim new tax credits

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.

Original Article Posted at : https://www.accountingtoday.com/news/irs-rolling-back-penalties-on-employers-who-didnt-deposit-enough-taxes-but-plan-to-claim-new-tax-credits