Pennsylvania BFR Abates Penalty for Electronic Funds Transfer

The Pennsylvania Board of Finance and Revenue (BFR) issued an order abating an Electronic Funds Transfer (EFT) penalty imposed by the Department of Revenue on taxpayers for their 2023 personal income tax filing. The taxpayers, who are 80 years old, had remitted a $15,000 or more payment by check instead of electronically, resulting in the EFT penalty. The Board found that taxpayers acted in good faith, without negligence, and without intent to defraud, as they paid their tax liability and had overpayments from prior years that were applied to their 2023 liability. [Pa. Bd. of Fin. & Revenue, No. 2412561, ...