IRS cancels $1 Billion in late-payment penalties. ‘The IRS is your friend.’

https://www.wsj.com/personal-finance/tax…malertNEWS Quote:IRS cancels $1 Billion in late-payment penalties. ‘The IRS is your friend.’ Americans who owe back taxes will be given an incentive to pay up after the Internal Revenue Service said Tuesday it would waive nearly $1 billion in late-payment penalties. Roughly 4.6 million individual taxpayers who owe for tax years 2020 and 2021 …

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