05/12/2026
Millions of taxpayers may have overlooked refund opportunities connected to COVID-era IRS penalties and interest.
Victoria Boon from Boon Tax Group was recently quoted by CNBC regarding the developing Kwong v. United States litigation and the growing discussion surrounding IRS disaster-relief deadlines during the COVID period.
For some taxpayers, the issue could involve:
• Failure-to-file penalties
• Failure-to-pay penalties
• Certain interest charges
• Refund claims that may expire soon if no action is taken
The important thing to understand is this:
The IRS generally does not pause refund statutes simply because the law is unsettled. In some cases, taxpayers may need to act before the courts fully resolve the issue.
These are procedural and technical matters, and every situation is different. But if you or your business paid substantial IRS penalties connected to 2020–2022 filing periods, it may be worth reviewing your situation carefully.
CNBC article:
https://www.cnbc.com/2026/05/11/kwong-v-united-states-tax-refund-deadline.html
Boon Tax Group provides IRS representation and technical tax advisory for individuals and businesses dealing with audits, collections, penalties, and complex IRS procedural matters.
Learn more:
https://boon.tax