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2. '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 ...

3. 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 ...

4. 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). The IRS announced penalty relief ...

5. Tax Relief, Unemployment Insurance Reauthorization, and Job ...

   en.wikipedia.org/wiki/Tax_Relief,_Unemployment...

   The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010. [2]

6. Millions Are About to Get Slammed with a Surprise Tax Bill ...

   www.aol.com/owe-taxes-2020-unemployment-checks...

   But this year, as part of the Taxpayer Certainty and Disaster Tax Relief Act of 2020, you can use your earned income amount from 2019 to calculate your EITC for 2020, according to the IRS.

7. Unemployed workers could get a nasty surprise at tax time - AOL

   www.aol.com/finance/unemployed-workers-could...

   This may come as a surprise to workers who got tax relief for the first $10,200 of unemployment income they received in 2020 — a one-year break provided by the American Rescue Plan ...

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

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

   The agency estimates 4.7 million individuals, businesses, trusts, estates and tax-exempt organizations are eligible for the penalty relief, representing $1 billion in savings to taxpayers, or ...

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