IRS Pandemic Tax Refund — New Legal Twist Could Put Money Back In Your Pocket

Source: International Business Times

A sweeping legal interpretation of pandemic-era tax rules could mean millions are unknowingly owed money by the IRS. Millions of taxpayers may now have a fresh opportunity to reclaim penalties paid during the COVID-19 pandemic, following a court decision that has dramatically reshaped how tax deadlines should be applied. What was once considered routine late-payment charges could now be deemed invalid.