05/11/2026
A ๐ซ๐๐๐๐ง๐ญ ๐๐จ๐ฎ๐ซ๐ญ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง is creating ๐ฆ๐๐ฃ๐จ๐ซ ๐๐ฎ๐ณ๐ณ ๐ข๐ง ๐ญ๐ก๐ ๐ญ๐๐ฑ ๐ฐ๐จ๐ซ๐ฅ๐โand for good reason. โจ๐ก
The case commonly referred to as ๐๐ฐ๐จ๐ง๐ ๐ฏ. ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ (sometimes discussed as Kwong vs. Commissioner) may open the door for ๐๐ฅ๐ข๐ ๐ข๐๐ฅ๐ ๐ญ๐๐ฑ๐ฉ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐ฌ๐๐๐ค ๐ซ๐๐๐ฎ๐ง๐๐ฌ ๐จ๐ซ ๐๐๐๐ญ๐๐ฆ๐๐ง๐ญ๐ฌ of certain penalties & interest assessed during the ๐๐๐๐๐-๐๐ ๐ฉ๐๐ง๐๐๐ฆ๐ข๐ period. โ
For ๐ญ๐๐ฑ๐ฉ๐๐ฒ๐๐ซ๐ฌ ๐ฐ๐ก๐จ ๐ฉ๐๐ข๐ substantial failure-to-file penalties, failure-to-pay penalties, or underpayment interest, ๐๐๐ญ๐ฐ๐๐๐ง ๐๐๐๐ & ๐๐๐๐, this ruling could represent a ๐ฌ๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ. ๐
At ๐๐ซ๐จ๐๐๐ฑ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐, weโre actively reviewing how this developing legal landscape ๐ฆ๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ ๐จ๐ฎ๐ซ ๐๐ฅ๐ข๐๐ง๐ญ๐ฌ. ๐ฏ
๐ Dial (๐๐๐)-๐๐๐-๐๐๐๐ or sign up for a ๐๐จ-๐๐จ๐ฌ๐ญ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง with ๐๐๐ฆ๐ฆ๐ฒ ๐๐ซ๐๐ก๐๐ฆ, ๐๐๐, ๐๐ today to learn more details!