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2. If you faced a tax penalty during the pandemic, the IRS may ...

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   The Internal Revenue Service announced Tuesday that some tax filers who faced late-pay penalties for tax years 2020 and 2021 will have those penalties waived. The waiver will apply to filers with ...

3. Taxes: IRS waives penalty for taxpayers with tax bills from ...

   www.aol.com/finance/taxes-irs-waives-penalty...

   The discharge of penalties for 2020 and 2021 back taxes totalled almost $1 billion. ... 2024 at 3: 20 PM. Nearly 5 million taxpayers who have unpaid tax bills from 2020 and 2021 will have almost ...

4. 'This is a gift': The IRS is waiving $1 billion in penalties ...

   www.aol.com/finance/gift-irs-waiving-1-billion...

   The federal tax agency announced on Dec. 19 that it’s waiving $1 billion in penalties tied to overdue bills from the 2020 and 2021 tax years — when the IRS temporarily suspended the mailing of ...

5. Nearly 5 million taxpayers to get money back from the IRS ...

   www.aol.com/news/5-million-taxpayers-money-back...

   The IRS said 5 million tax returns, filed by 4.7 million people, businesses, trusts, estates and tax-exempt organizations, are eligible, for about $206 per return. The IRS is waiving the penalties ...

6. IRS to waive $1 billion in penalties for people and firms ...

   www.aol.com/news/irs-waive-1-billion-penalties...

   Taxpayers are eligible for automatic relief if they filed a Form 1040, 1041, 1120 series or Form 990-T tax return for years 2020 or 2021, owe less than $100,000 per year in back taxes, and ...

7. IRS to offer pandemic-related relief on some penalties to ...

   www.aol.com/irs-offer-pandemic-related-relief...

   The Internal Revenue Service announced the restart of collection notices in 2024, marking the end of a pandemic-related pause. IRS to offer pandemic-related relief on some penalties to nearly 5 ...