IRS Sends Failure-to-Deposit Letters by Mistake

The Internal Revenue Service (“IRS”) incorrectly sent failure-to-deposit notices to taxpayers who made timely employment tax deposits on Tuesday, May 31, or on Thursday, June 2, 2016.

The Memorial Day holiday observed on May 30, 2016, moved the due dates for both next-day and semi-weekly deposits back by one day. However, the IRS systems didn’t recognize the changes and counted payments made on these days as late.

The good news is that taxpayers don’t need to take any action at this time. If you received a letter, you may disregard it. The IRS has corrected the problem and is updating taxpayer accounts.

You can check out the full tax bulletin from the IRS.