IRS lightens taxpayers' compliance and enforcement burden to help with outbreak

The Internal Revenue Service is taking a "sweeping series of steps" to assist taxpayers on issues ranging from payment guidelines to compliance actions during the coronavirus outbreak which could give non-compliant taxpayers a way back. The changes — part of a new "People First Initiative" — include postponing certain payments related to installment agreements and offers in compromise, and limiting certain enforcement. The agency expects the measures to kick in by April 1 and run initially through July 15. According to IRS Commissioner Chuck Rettig, it provides immediate relief to hel...