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IRS penalty rates reduced from 5% to 0.5%

2 statements from 2 sources on Oct 9, 2026, 22:35–22:35 UTC
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Statements (2)

  1. Neutral

    IRS penalty for unfiled returns was reduced from 5% per month to 0.5%.

    247wallst.com
  2. Neutral

    IRS penalty rates for unpaid tax returns have been reduced from 5% per month to 0.5%.

    finance.yahoo.com