GAAP episode 48: Covid Penalty Refunds
We’re issuing our first-ever Generally Accepted Accounting Alert! If the IRS charged you a penalty during COVID, you might be entitled to a refund. Listen in to learn more, and check the links below for handy resources on this evolving tax case.
Casey Peterson, LTD blog: IRS Penalty Refunds May Be Available for COVID-Era Tax Filings
Taxpayer Advocate Service blog about COVID-era refunds
YouTube instructions (advice varies by video, so use at your own risk)
- How to Fill Out Form 843 Right (Kwong v. United States IRS Refund Guide)
- 843 protective claim form Kwong – how to fill out page one
- Form 843 Protective Claim for Refund