01/03/2018 | News release | Distributed by Public on 01/03/2018 16:26
The IRS' first Revenue Procedure of 2018, Rev. Proc. 2018-01, provides the usual - an explanation of how it provides advice to taxpayers on a variety of issues - but it also contains something else. The IRS also reports that for 2018, it has cut the fees for voluntary correction program (VCP) filings, as well as other user fees.
Changes to Fees for VCP Submissions
The IRS modified the user fee structure for VCP submissions so they are now as follows:
Changes to Other Fees
The IRS also has modified the user fees for the following types of submissions: