Kwong Update: Responding to IRS Notices and Securing Client Refunds
webinarProduct Description
The US Court of Federal Claims ruled that certain tax deadlines were automatically postponed for the entire COVID-19 disaster period plus 60 days in Kwong vs. US. This provided a refund opportunity for taxpayers who paid interest and penalties related to tax deadlines the fell between January 20, 2020, and July 10, 2023. The government has filed an appeal on May 15, 2026. This means protective claims for refunds needed to be filed by July 10, 2026. However, it still may be possible file for a claim for refund now.
The IRS is sending responses for some of these claims for refund. In this seminar we will go over next steps to consider.
Attendee Requirements
Earn Live CPE credit.
You must have a high speed internet connection, speakers connected to your computer, headphones or call in for audio and a monitor.
If you have more than 1 person PAID FOR and REGISTERED for the streaming webinar and all would like to watch from the same computer, please complete the Proctor Form and return to us AFTER completion of the webinar in order to receive CPE credit.
Prerequisites
NoneField of Study
Taxes-1.00Hours
1NASBA Categories
TaxesCourse Level
IntermediateCourse Objectives
1. Review the Kwong vs. US decision and §7508A.
2. Understand the Refund Statute Expiration Date (RSED).
3. How to respond to IRS notices regarding Protective Claims for Refund.
4. Learn how to help clients who may qualify for refunds.
Available Options
Webinar
A scheduled, online course viewable on any computer or device with Zoom access; suitable for single person use. Webinars include: online course, eBook download, & PDF of PowerPoint slides. CPE credit will be issued based on log in time and percentage of polling questions answered.
View ProductSpeaker Details
Larry Pon CPA/PFS, CFP, EA, USTCP, AEP
Disclaimer
Fees and Schedule - This TaxSpeaker Internet-Live webcast will begin and end promptly at stated time. All 8-hour webcasts will break for lunch, and have 2, 10-15 minute breaks.
Attendees must answer 75% of all polling questions given during the day to obtain the full hours of CPE Credits. There will be 4 questions asked per hour.
Cancellation, Transfer and Refund Policy Registration fees will be refunded in full for up to 30 days in advance of the seminar. Registrations cancelled between 1-30 days prior to the seminar date are subject to a $50 cancellation fee. For more information regarding administrative policies, complaints and refunds please contact us at 877-466-1040 for auxiliary aid needs or visit www.taxspeaker.com.
NO REFUNDS/TRANSFERS WILL BE ISSUED AFTER THE SEMINAR BEGINS. NO EXCEPTIONS.
Continuing Education
Jennings Advisory Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. NASBA Sponsor #108251
Jennings Advisory Group, LLC has entered into an agreement with the Return Preparer Office, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Return Preparer office as to the quality of the program or its contribution to the professional competence of the enrolled individual. IRS Sponsor Number 5KBKR.
ALL OF OUR TAX COURSES HAVE IRS APPROVAL UNLESS OTHERWISE NOTED**
