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IRS Automatic Penalty Relief announcement graphic featuring the Internal Revenue Service building and Schulman Lobel Tax, Audit & Advisory.

IRS Automatic Penalty Relief announcement graphic featuring the Internal Revenue Service building and Schulman Lobel Tax, Audit & Advisory.

Could You Qualify for the IRS's New Automatic Penalty Relief? Here's What Taxpayers Need to Know

The IRS has introduced Automatic Penalty Relief (AEP), a new initiative that automatically removes certain tax penalties for eligible taxpayers with a strong compliance history. Learn who qualifies, when the new rules take effect, and what they mean for you.

Jul 212 min read

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Let's talk about what you're missing

“Schulman Lobel” is the brand name under which Schulman Lobel LLP and Schulman Lobel Advisors, LLC and its subsidiary entities provide professional services. Schulman Lobel LLP and Schulman Lobel Advisors, LLC and its subsidiary entities practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations, and professional standards. Schulman Lobel LLP is a licensed independent CPA Firm that provides attest services to its clients, and Schulman Lobel Advisors, LLC and its subsidiary entities provide tax and business consulting services to their clients. Schulman Lobel Advisors, LLC and its subsidiary entities are not licensed CPA firms.

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