IRS says pandemic is over, collection notices will start again in 2024

The IRS warned taxpayers on Tuesday that it will restart collection notices next year, ending a lengthy grace period the agency began in 2022 because of the coronavirus pandemic.

The IRS also said it will waive $1 billion in penalties for 4.7 million filers to cover cases where collection notices weren’t sent during that time.

Commissioner Danny Werfel said the tax agency thought it would be unfair to suddenly hit those taxpayers with a collection notice seemingly out of the blue.