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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. The 7 Worst Things You Can Do If You Owe the IRS - AOL

   www.aol.com/7-worst-things-owe-irs-000014898.html

   If you owe money to the IRS, Paladini said, you have six payment options, including an installment agreement, offer in compromise, currently non-collectible status, penalty abatement, innocent ...

4. IRS collects milestone $1 billion in back taxes from high ...

   www.aol.com/news/irs-collects-milestone-1...

   The IRS announced Thursday that it has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as ...

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. A government might implement different ...

6. Owe back taxes? The IRS will start sending you reminders ...

   www.aol.com/owe-back-taxes-irs-start-213112567.html

   The Internal Revenue Service on Tuesday announced that it will resume mailing automated reminders of past-due taxes to those who owe back taxes, something it had suspended doing in February 2022 ...

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

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

   Updated January 13, 2024 at 3:20 PM. 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 ...

8. IRS to waive $1 billion in penalties for people and ... - AOL

   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 ...

9. 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 ...