Taxpayers need to resume payments by July 15

The IRS today reminds taxpayers who took advantage of the People First Initiative tax relief and did not make previously owed tax payments beginning March 25 through July 15 that they need to restart their payments.

As the IRS continues to reopen its operations across the country, taxpayers who were in payment agreements and skipped any payments from March 25 and July 15 should start paying again to avoid penalties and possible default on their agreements.

If a taxpayer can’t meet their current agreement terms due to a COVID related hardship, then they can revise the agreement on or call customer service on their IRS notice if they have a direct debit Installment agreement.