IRS refunding $1.2 billion in late-filing fees for nearly 1.6 million

Ekaterina Goncharova | Moment | Getty Images The IRS on Wednesday announced it will waive penalties for many Americans who late-filed tax returns during the pandemic. Nearly 1.6 million filers will au...

IRS Waives $1.2 Billion in Late-Filing Penalties for Income-Tax Returns

Listen to article (2 minutes) The Internal Revenue Service said Wednesday it was waiving late-filing penalties and issuing refunds to 1.6 million taxpayers who missed extended filing deadlines for tax...