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If you faced a tax penalty during the pandemic, the IRS may have a new break for you

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Great news for taxpayers! The IRS has announced that waivers will be automatically applied, providing relief for those who qualify. This means that eligible taxpayers will not have to take any action on their own to benefit from this initiative. The move comes as a welcome relief for many, as the ongoing COVID-19 pandemic has had far-reaching financial implications for individuals and families. With the waivers being automatically applied, it’s one less thing for taxpayers to worry about during these challenging times. This development will surely come as a great relief for many people.