Kostelanetz: COVID-19 Interest and Penalty Abatement - Amended and Superseding Returns Under Section 7508A
June 05, 2026
June 05, 2026
NEW YORK, June 5 -- Kostelanetz LLP, a law firm, issued the following news:
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COVID-19 Interest and Penalty Abatement: Amended and Superseding Returns Under Section 7508A
Many taxpayers and tax practitioners have been rushing to file claims for refund by July 10, 2026, in order to take advantage of recent case law --Kwong v. United States (Court of Federal Claims) and Abdo v. Commissioner (U.S. Tax Court)--which suggests that, under I.R.C. section 7508A . . .
* * *
COVID-19 Interest and Penalty Abatement: Amended and Superseding Returns Under Section 7508A
Many taxpayers and tax practitioners have been rushing to file claims for refund by July 10, 2026, in order to take advantage of recent case law --Kwong v. United States (Court of Federal Claims) and Abdo v. Commissioner (U.S. Tax Court)--which suggests that, under I.R.C. section 7508A . . .