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IRS Ends Automatic Penalties For Late-Filed Forms 3520 And 3520-A

Authors :
Fink, Scott
Source :
Mondaq Business Briefing. November 5, 2024
Publication Year :
2024

Abstract

The Internal Revenue Service will no longer automatically impose penalties on taxpayers who file late IRS Forms 3520 (Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain [...]

Details

Language :
English
Database :
Gale General OneFile
Journal :
Mondaq Business Briefing
Publication Type :
News
Accession number :
edsgcl.814829634