<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=351166518341071&amp;ev=PageView&amp;noscript=1">

IRS unveils new People First Initiative — Suspends Various Payments Due, Delays Collection Activities, and More

Mar 26, 2020 9:44:34 AM / by CSI Accounting Staff

People First Initiative - IR-2020-59, March 25, 2020

To help people facing the challenges of COVID-19 issues, the Internal Revenue Service announced today a sweeping series of steps to assist taxpayers by providing relief on a variety of issues ranging from easing payment guidelines to postponing c

ompliance actions.

Per IRS Commissioner, Chuck Rettig, “The new IRS People First Initiative provides immediate relief to help people facing uncertainty over taxes. We are temporarily adjusting our processes to help people and businesses during these uncertain times. We are facing this together, and we want to be part of the solution to improve the lives of all people in our country."

These new changes include a variety of issues ranging from postponing certain payments related to Installment Agreements and Offers in Compromise to delaying collection and limiting certain enforcement actions. Click here to learn more!

To see more updates like this, especially those that impact small businesses, follow us and visit CSI’s COVID-19 (Coronavirus) Resource Center.

CSI Accounting Staff

Written by CSI Accounting Staff

Client Development Manager

Comments

WE MAKE YOUR ACCOUNTING AND PAYROLL EASY, 
SO YOU CAN FOCUS ON GROWING YOUR BUSINESS

MEET WITH AN ADVISOR