Source link : https://las-vegas-news.com/july-10-deadline-nears-tens-of-millions-including-nevadans-eligible-for-irs-refunds-on-covid-penalties/
Millions may qualify for ‘significant’ IRS refunds from COVID-era, but deadline looms: Advocate – Image for illustrative purposes only (Image credits: Unsplash)
Tens of millions of Americans stand to recover significant sums from the IRS in the form of refunded penalties and interest tied to the COVID-19 era. Recent federal court rulings have clarified that filing and payment deadlines during the pandemic’s federal disaster period effectively extended far longer than many realized, shielding taxpayers from late fees.[1][2] The National Taxpayer Advocate Service warns that most must file claims by July 10, 2026, to secure this relief, a cutoff that could leave billions unclaimed otherwise.
Court Rulings Reshape Pandemic Tax Deadlines
A pivotal decision in Kwong v. United States, issued in November 2025, interpreted tax law to postpone deadlines across the entire COVID federal disaster period.[1] That period spanned from January 20, 2020, through May 11, 2023, with an additional 60 days pushing the effective end to July 10, 2023. The court held that returns and payments due within this window were not late until after that final date, invalidating many penalties assessed earlier.
The IRS had taken a narrower view, leading to assessments on failure-to-file, failure-to-pay, and estimated payment penalties, plus premature interest accrual. National Taxpayer Advocate Erin M. Collins highlighted this in a recent blog post, noting the ruling’s broad implications.[1] The…
—-
Author : nvm_admin
Publish date : 2026-05-04 09:03:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8