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

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

   Nearly 5 million taxpayers who have unpaid tax bills from 2020 and 2021 will have almost $1 billion in penalty fees waived by the Internal Revenue Service (IRS).

3. 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 ...

4. IRS issues 12 million tax refunds after correcting 2020 ... - AOL

   www.aol.com/finance/irs-issues-12-million-tax...

   The agency corrected 14 million 2020 tax returns related to unemployment compensation, resulting in $14.8 billion in refunds. ... the overpayment applied to taxes due or other debts,” the IRS ...

5. IRS has $1 billion in unclaimed tax refunds from 2020. Here's ...

   www.aol.com/irs-1-billion-unclaimed-tax...

   In New Jersey, it's estimated that 24,400 people may be entitled to an unclaimed tax refund from 2020, with the median refund sitting at $920. IRS has $1 billion in unclaimed tax refunds from 2020 ...

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

   www.aol.com/news/faced-tax-penalty-during...

   The waiver will apply to filers with assessed tax bills of less than $100,000 and who were in the IRS collection notice process, or were issued an initial balance due notice between Feb. 5, 2022 ...

7. Got a Tax Refund? That Just Means You Overpaid: Here's ... - AOL

   www.aol.com/got-tax-refund-just-means-143042870.html

   Getting a tax refund can seem like a financial windfall, but it means you’ve overpaid your taxes and given the government an interest-free loan. While some taxpayers prefer to receive a lump sum ...