Kwong v. United States is a recent United States Court of Federal Claims decision that may open the door to potential refunds of IRS penalties and interest assessed during the COVID-19 pandemic. This could be any amount, from $100 to $1 million dollars or more.
In this case, a federal court ruled that federal tax deadlines were automatically pushed back for the entire COVID-19 pandemic. For COVID-19, a federal disaster declaration was in effect from January 20, 2020, through May 11, 2023. Sixty additional days extended the period to July 10, 2023, for tax purposes. So tax filings for 2019 to 2022 fell within this period.
Your Membership Starts With
Kwong Ruling Review:
We'll submit the IRS Form 2848 to the IRS and meet with you to review your IRS account, including penalties and interest charged that may be eligible for the Kwong Ruling relief. Please allow about two weeks for the IRS to process your Form 2848.
Monthly Updates on Your IRS Account:
You'll receive key monthly indicators to keep you informed about any important changes or IRS activity, so there are no surprises from the IRS that put your gains at risk.
The Onboarding Process
Once your checkout is complete, you’ll be asked to:
- Verify your identity with a valid ID
- Complete the IRS 2848 authorization allowing CryptoTaxAudit to represent you
- Validate your Social Security Number with a copy of your Social Security card, a pay stub, a W-2 form, or a tax document
Details of this membership plan are explained in detail in the Membership Terms & Conditions.
