{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Oglesby Tax Solutions","title":"ALERT You May be Due a COVID Related Refund from the IRS","html":"","width":"100%","height":180,"duration":1008,"description":"Major Tax Developments: Relief for COVID-19 Penalties & The Courts' RulingsIn this episode, Tim Oglesby dives into critical updates on recent court rulings impacting taxpayers who faced penalties during the COVID-19 pandemic, highlighting how federal law and court decisions could mean refunds for millions. Understanding these legal shifts can help taxpayers reclaim money they might not realize is owed to them.Key Topics:The significance of the July 10 deadline for claiming COVID-19 related tax refundsHow the Taxpayer First Act and Section 7508A D provided automatic extensions during the pandemic disasterThe landmark court cases: Abdo vs. Commissioner and Kwong vs. United StatesHow courts found that IRS penalties for late payments during the disaster period should not have been assessedPractical steps taxpayers can take to review their transcripts and file claimsThe importance of proactive action before the July 10 deadline to preserve rightsThe potential impact for millions of taxpayers and the necessity to file a protective claimHow IRS regulations and court rulings have challenged established penalty enforcement practicesThe ongoing appeal process and what it means for future claimsThe broader message about trusting the system and the importance of legal awareness in tax resolutionResources & Links:IRS Transcripts RequestForm 843 - Claim for Refund and Request for Abatement","thumbnail_url":"https://img.transistorcdn.com/4DXd3YIEV24RyTBbqxhbZiyL3MvfP1AVx0Tu4NfyUDY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mMzA3/MjA3YWYzYWZiMTBi/ZmUzMGRjMzMxYzkz/MDUzMS5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}