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  2. 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. ... Nearly 5 million taxpayers who have unpaid tax bills from 2020 and 2021 will have almost $1 billion in ...

  3. '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 ...

  4. 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 ...

  5. IRS collected $1 billion in back taxes from millionaires in ...

    www.aol.com/irs-collected-1-billion-back...

    Last fall, the IRS launched an initiative to collect from wealthy individuals who have not paid the taxes they owe. The agency identified about 1,600 taxpayers with more than $1 million in income ...

  6. IRS has collected more than $520M in back taxes from ...

    www.aol.com/news/irs-collected-more-520-million...

    After an initial round of audits of 175 high-income earners yielded $38 million, it expanded last fall to 1,600 new taxpayers in this category that owe hundreds of millions of dollars in taxes ...

  7. IRS has collected $160 million in back taxes by cracking down ...

    www.aol.com/irs-collected-160-million-back...

    In September, the IRS started seeking back taxes from about 1,600 taxpayers with income above $1 million and more than $250,000 in tax debt. So far, the IRS has closed 100 of those cases ...

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