The IRS just announced a new initiative, the "People First Initiative" which will provide relief to taxpayers who either have a back tax problem or who are currently being audited by the IRS. I outline the major provisions of this initiative and how it could help you make it through this difficult period.
You can follow this link to read the full announcement: https://www.irs.gov/newsroom/irs-unveils-new-people-first-initiative-covid-19-effort-temporarily-adjusts-suspends-key-compliance-program
If you or someone you know has a tax problem, call our office at 207-502-7181 or email us at jwade@jdwadelaw.com. We will be glad to help you. Otherwise, please enjoy our content and let us know if there are topics you'd like us to discuss.