Compliance

How the IRS’s New Automatic Exemption from Penalty Can Simplify Your Tax Compliance

A recent IRS reform introduces a hands-free penalty relief mechanism for taxpayers with strong prior compliance—no more formal requests needed if you qualify.

By NomadicTax Research Team • 5-8 min read • July 23, 2026

## What’s Changing: From First Time Abate to Automatic Exemption from Penalty The IRS has replaced the **First Time Abate** (FTA) program with a streamlined system called the **Automatic Exemption from Penalty (AEP)** as of summer 2026. Eligible taxpayers will now receive penalty relief automatically—no forms, no requests needed. ([irs.gov](https://www.irs.gov/newsroom/irs-simplifies-penalty-relief-introduces-automatic-process-for-eligible-taxpayers?utm_source=openai)) ### Who Qualifies You may be eligible for AEP if you meet these criteria: - For individual returns, you have a history of filing and paying on time over the past **three years**. - For quarterly business returns, consistent compliance over **12 consecutive quarters**. - Applies to original returns for tax years **2025 and 2026** and future periods. ([irs.gov](https://www.irs.gov/newsroom/irs-simplifies-penalty-relief-introduces-automatic-process-for-eligible-taxpayers?utm_source=openai)) ### What Penalties AEP Covers—and What It Doesn’t Relief applies automatically to: - Failure to file - Failure to pay - Failure to deposit (when deposits are due) But note: returning **information returns** (e.g., estate or gift tax forms) or **transactions triggered by rare or infrequent events** may be excluded. Also, penalties not listed in these categories aren’t eligible under AEP. ([irs.gov](https://www.irs.gov/newsroom/irs-simplifies-penalty-relief-introduces-automatic-process-for-eligible-taxpayers?utm_source=openai)) ## Why This Matters For Compliance **1. Reduce paperwork and third-party help.** No need to submit a request or gather extra documents if you already meet the compliance history. Saves time and stress. **2. Predictable tax outcome.** Instead of wondering whether your penalty relief request will be accepted, you’ll know in advance if you qualify. **3. Maintain compliance standing.** Since the system rewards prior compliance, keeping up with filings and payments is more important than ever. Future penalties may be tougher if patterns of late or missed payments emerge. ## What You Should Do Now - Review your filing history: Were returns filed on time? Did you pay taxes and deposits by due dates? - If you believe you're eligible but still received a notice, don’t panic—you may still get FTA during the transition, especially for eligible 2025–26 returns. - Continue keeping good records. Even though AEP reduces the paperwork for relief, robust documentation helps if any question arises. - Get professional advice if unsure. The details (especially for businesses with complex returns or income stream changes) can be tricky. ## Real-World Example Sarah runs a small e-commerce business. She’s filed all quarterly returns and made required deposits on time in the past three years. In Q2 2026, she missed a filing deadline by a few days. Under AEP, that delay would **not** trigger failure to file penalty if she meets eligibility—she doesn't need to ask for relief. Under the old FTA regime, she would’ve needed to file a request and explain. **Bottom line:** if you’ve kept up your filings and payments, the IRS’s new policy removes a big barrier—no more reactive applications. Ask yourself: does my past track record reflect timely compliance? If yes—you're likely already protected.