IRS may owe millions of taxpayers refunds for pandemic-era penalty relief

Posted 1 hour ago by

Off The Press

For most filers, the tax deadline has come and gone. But thanks to a federal court decision, millions of Americans could still be eligible for tax refunds for pandemic-era penalties and interest. The issue stems from recent rulings, including Kwong v. United States, which found that the IRS shouldn’t have assessed certain penalties and interest []...Click to read more