Do You Owe Pandemic-Era Freelance Taxes? IRS 2020 and 2021 Penalty Relief May Reduce Your Tax Burden
Freelance Union
JANUARY 8, 2024
If you owe freelance back taxes from tax years 2020 or 2021, the Internal Revenue Service (IRS)has good news: it recently announced new tax penalty relief for individuals, businesses and tax-exempt organizations that were not sent automated collection reminder notices during the pandemic. The relief is significant, totaling nearly $1.0
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