COVID Era IRS Penalty Refund Opportunities: What Taxpayers Need to Know
In our latest National Tax Advisory Newsletter, “Recent Court Decisions Create Potential Refund Opportunities for COVID Era IRS Penalties and Interest,” Alison Gadoua outlines a time-sensitive opportunity for taxpayers to recover IRS penalties and interest incurred during the COVID 19 pandemic.
Recent rulings in the Abdo and Kwong cases are reshaping how pandemic era tax deadlines are interpreted, potentially allowing individuals, businesses, and organizations to claim refunds on previously assessed penalties and interest. With a filing window that may close as early as July 10, 2026, taxpayers should act promptly to evaluate their eligibility.
Because this relief is not automatic, taking proactive steps, such as assessing your eligibility and filing protective refund claims, may be necessary to preserve your rights before the statute of limitations expires.
Read the full article now to learn more about IRS penalty refunds and determine your next steps.
