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2. 'This is a gift': The IRS is waiving $1 billion in ... - AOL

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

   Millions of Americans who owe back taxes to Uncle Sam are being given what amounts to a “get out of jail free” card by the Internal Revenue Service (IRS).. The federal tax agency announced on ...

3. What Are Back Taxes? Meaning and Consequences - AOL

   www.aol.com/finance/back-taxes-meaning...

   Consequences of Back Taxes. When a person owes back taxes, the IRS and, in some cases, state tax authorities can take actions to recover the debt. These consequences vary depending on the amount ...

4. ‘Historic crackdown on rich tax cheats’: The IRS is targeting ...

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   Using federal funding granted through the Inflation Reduction Act, the IRS is targeting high-income earners who at least $250,000 each in back taxes, large business partnerships with assets of ...

5. Back taxes - Wikipedia

   en.wikipedia.org/wiki/Back_taxes

   Back taxes is a term for taxes that were not completely paid when due. [1] Typically, these are taxes that are owed from a previous year. [ 2 ] Causes for back taxes include failure to pay taxes by the deadline, failure to correctly report one's income, or neglecting to file a tax return altogether.

6. IRS Volunteer Income Tax Assistance Program - Wikipedia

   en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

   Since the 1970s the program has grown to several thousand sites nationwide, partnering with non-profit organizations, local municipalities, and colleges and universities. In Tax Year 2015, 3.7 million VITA tax returns were filed with a 94% accuracy rate. VITA provides service to taxpayers making less than $58,000 per year.

7. American Taxpayer Relief Act of 2012 - Wikipedia

   en.wikipedia.org/wiki/American_Taxpayer_Relief...

   The top marginal tax rate on income of 39.6%, provided for under the expiration of the 2001 portion of the Bush tax cuts, was retained. This was an increase from the 2003–2012 rate of 35%. [3] The top marginal tax rate on long-term capital gains of 20%, provided for under the expiration of the 2003 portion of the Bush tax cuts, was retained.