#tax penalty relief
IRS provides penalty relief to Maui wildfire victims
The IRS will be providing failure to pay penalty relief to nearly 600 Maui taxpayers, which equates to about $300,000 in relief – an average of about $500 per taxpayer. This is separate from disaster relief previously announced in August 2023, that postponed various tax-filing and tax-payment deadlines for individuals and businesses in Maui and Hawaiʻi counties until Aug. 7, 2024.
