06/10/2026
⚠️ Taxpayers: Potential Opportunity to Recover COVID-Era IRS Penalties & Interest
A recent federal court decision, Kwong v. United States, may create an opportunity for some taxpayers to seek refunds or other relief for certain IRS penalties and interest related to the COVID-19 period.
While the law is still developing, July 10, 2026, may be a critical deadline for preserving your rights and requesting a refund or abatement. We are closely monitoring this issue and evaluating whether the ruling may apply based on individual circumstances.
🔍 Who may be affected?
This issue could impact:
• Individuals
• Businesses
• Trusts and estates
📋 Items worth reviewing:
• Failure-to-file penalties
• Failure-to-pay penalties
• Certain estimated tax penalties
• Related interest charges
⚠️ Important Reminders
• There may be a limited-time opportunity to recover penalties and interest paid during the pandemic.
• The IRS will not issue refunds automatically.
• Action may be required by July 10, 2026 (and in some cases, the deadline could be earlier).
• Future IRS guidance, legislation, or court decisions could affect the outcome.
• We can help determine eligibility and file protective claims, refund claims, or requests for abatement where appropriate.
📞 Let Us Help
Contact our office today to discuss whether this opportunity may apply to you.
📱 662-429-4436
📧 [email protected]