Form 843 Protective Claim for Refund

Did the IRS charge you penalties or interest during the COVID years? You may want to take a second look. There is currently ongoing litigation involving whether certain IRS filing and payment deadlines during the COVID disaster period should have been postponed longer under federal disaster relief rules. What does that mean? Some taxpayers who paid: • Failure-to-file penalties • Failure-to-pay penalties • Failure-to-deposit penalties • Certain accrued interest between 2020 and mid-2023 you may want to explore whether a protective refund claim should be filed before potential statute deadlines expire. A few important things: ✔ This is NOT settled law ✔ The IRS currently disputes these positions ✔ Refunds are NOT automatic ✔ Every situation is different However, for taxpayers with significant penalties during this period, it may be worth reviewing your IRS transcripts and discussing your options with a qualified tax professional. Potential statute deadlines may apply, so waiting too long could eliminate the ability to make a claim later if courts ultimately rule in favor of taxpayers. As always, be cautious of anyone guaranteeing refunds or charging large upfront contingency fees based on hype alone. If you’ve had IRS penalties or interest during the COVID years and want help reviewing your situation, send us a message.