Fox Rothschild attorneys Matthew D. Lee, Brian C. Bernhardt, and Jonathan M. Wasser have authored a client alert regarding a new refund opportunity for taxpayers who accrued IRS penalties or interest during the pandemic. The Court of Federal Claims recently ruled that Internal Revenue Code Section 7508A postponed tax deadlines between January 20, 2020, and July 10, 2023. Taxpayers who accrued penalties or interest during that period may be eligible to seek abatement or file refund claims. You can read their alert here.