The National Association of Enrolled Agents (NAEA), joins a diverse coalition of eleven stakeholders, including Latino Tax Pro, American Institute of CPAs (AICPA), National Association of Black Accountants, Inc. (NABA), National Association of Tax Professionals (NATP), National Conference of CPA Practitioners (NCCPAP), National Society of Accountants (NSA), National Society of Black Certified Public Accountants, Inc. (NSBCPA), National Society of Tax Professionals (NSTP), Padgett Business Services and Prosperity Now. In this letter, the coalition is urging the IRS to take action, writing, “It is time to take steps to ameliorate the situation. Implementing reasonable penalty relief measures, that the IRS can offer immediately, are necessary to help not only taxpayers and tax professionals but also the IRS during these challenging times.”

Read the full press release here.