taxpayers

Update – June 2026: Since the publication of this article, the federal court decision in Kwong v. United States has clarified that certain IRS penalties and related interest assessed during the COVID-19 emergency period may have been improperly charged. Taxpayers and businesses seeking refunds or relief must submit their claims no later than July 10, 2026. Please review our important update below for additional information, filing requirements, and recommended contact deadlines. During the COVID-19 federal disaster declaration, which remained in effect from January 20, 2020, through May 11, 2023, many tax filing and payment deadlines were postponed. Despite those extensions, numerous taxpayers were still charged penalties and interest that may not have been legally applicable. Subsequent court rulings, including the Kwong decision, have confirmed that these extended deadlines could invalidate certain late-filing and late-payment penalties, as well as the interest associated with them. What This Could Mean for Taxpayers Individuals and businesses that filed returns or made tax payments during the COVID period may qualify for relief, including: This relief is not automatic, and eligible taxpayers must take action to preserve their rights. Filing Deadline Taxpayers seeking a refund or abatement will generally need to submit Form 843, Claim for […]