{"product_id":"cpe-irs-covid-penalty-refund-p-em-analyzing-the-kwong-case","title":"2026 IRS COVID Penalty Refund \u003cp\u003e \u003cem\u003e Analyzing The Kwong Case - Deadline July 10, 2026 \u003cbr\u003e Form 843 Illustrated \u0026 Analyzed\u003c\/em\u003e \u003c\/p\u003e","description":"\u003cp\u003eThe National Taxpayer Advocate has warned and urged all tax practitioners to take note of the Kwong decision as tens of millions of taxpayers may be entitled to refunds. In essence, the Kwong decision allows taxpayers to claim a full refund of interest and penalties assessed by the IRS for issues arising from January 20, 2020 through May 11, 2023 during the COVID-19 pandemic federal disaster declaration period. Since a 60-day extension is allowed, the final due date to file a refund claim is generally going to be July 10, 2026 for most taxpayers.\u003cbr\u003e\u003cbr\u003eAlthough this is currently under appeal, if you wait until a final decision is promulgated, you will have lost the opportunity to file a claim even if the matter is decided in the taxpayer's favor because the statute of limitation will prevent you from filing a claim at that later date. So, DON’T DELAY – FILE TODAY!\u003cbr\u003e\u003cbr\u003eThe following are few important items to note:\u003c\/p\u003e\n\u003cul style=\"text-align: left; text-indent: -12px; margin-left: 10px;\"\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003e Affected taxpayers include individuals, small businesses, large corporations, estates and trusts.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003e To file a claim, the Form 843 “Claim for Refund and Request for Abatement” must be filed. \u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong\u003eThis seminar will analyze and illustrate Form 843 line-by-line!\u003c\/strong\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003e You CANNOT file electronically - only paper forms are allowed!\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003e While an actual dollar amount need not be stated, the NTA suggests that one write on top of the Form 843 “Protective Refund Claim Pursuant to Kwong Case” and give general information relating to the dates and amounts subject to the refund.\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan style=\"font-size: 15px;\"\u003e This will probably not affect state and local taxes.\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cul style=\"text-align: left; text-indent: -12px; margin-left: 10px;\"\u003e\u003c\/ul\u003e\n\u003cdiv class=\"primary-box\"\u003eProgram Level: Overview\u003c\/div\u003e\n\u003cdiv class=\"primary-box\"\u003e\n\u003cspan\u003ePrerequisites\u003c\/span\u003e: \u003cspan\u003eNone Required\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"primary-box\"\u003eAdvance Preparation: None Required\u003c\/div\u003e","brand":"aceseminars","offers":[{"title":"All New Pre-Recorded Webinar \/ Thursday 6-4-26 View Anytime Bet. 9AM-5PM EST \/ \u003cp style=\"background-color: #f50707; color: #ffffff;\"\u003e NOTE: The webinar option is available as a pre-recorded webinar only. You will earn CPE credit if viewed during the sched","offer_id":43327893176409,"sku":"1274","price":79.0,"currency_code":"USD","in_stock":true},{"title":"All New Pre-Recorded Webinar \/ Any Day 6\/15-18 View Anytime Bet. 9AM-5PM EST \/ \u003cp style=\"background-color: #f50707; color: #ffffff;\"\u003e NOTE: The webinar option is available as a pre-recorded webinar only. You will earn CPE credit if viewed during the sched","offer_id":43327893209177,"sku":"1274","price":79.0,"currency_code":"USD","in_stock":true},{"title":"On Demand Archive - View Anytime - Available Now \/ On Demand Archive - NO CPE CREDIT \/ \u003cp style=\"background-color: #f50707; color: #ffffff;\"\u003e NOTE: The webinar option is available as a pre-recorded webinar only. You will earn CPE credit if viewed during t","offer_id":43327893471321,"sku":"1274","price":79.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/2242\/3459\/files\/offers-in-compromise.jpg?v=1613612222","url":"https:\/\/aceseminars.com\/products\/cpe-irs-covid-penalty-refund-p-em-analyzing-the-kwong-case","provider":"ACE Seminars","version":"1.0","type":"link"}