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Nov 17, 20211 min read
2022 IRW Penalties
On November 8, 2021, the IRS published Revenue Procedure 2021-45, which includes information return penalties for tax year 2022.
Feb 5, 20211 min read
2021 Increase in Information Reporting Penalties
Reminder! The information return penalties have increased for tax year 2021. Here are the changes from 2020 to 2021.