Billions in IRS Penalties Were Wrongly Assessed

During the COVID era, the IRS issued millions of penalty notices for late filings, late payments, and information return failures. In 2025, a federal court ruling in Kwong v. United States found the IRS lacked proper authority to assess many of these penalties — meaning the money was collected unlawfully.

If you or your business paid IRS penalties in recent years, you may be entitled to a full refund of those penalties plus statutory interest. The window to file claims is limited by the IRS statute of limitations.

Who Qualifies

This program is open to both businesses and individuals who paid IRS penalties during the eligible period:

• Small and mid-sized businesses — LLCs, S-corps, C-corps, partnerships, and sole proprietors
• Individual taxpayers who paid late-filing or late-payment penalties
• Estates and trusts subject to IRS penalties
• No income limit and no business size restriction

You don’t need to know exact penalty amounts to start. The eligibility check takes about 2 minutes.

How It Works

1. Free 2-Minute Eligibility Check. Answer a few questions about your tax history. No documents needed to start.
2. IRS Transcript Review. If you qualify, we securely pull your IRS transcripts to confirm the exact penalty amounts you’ve paid.
3. Refund Claim Filed on Your Behalf. Our team prepares and files the refund claim with the IRS. You pay nothing until the IRS pays you.

Frequently Asked Questions

How much can I recover?

It depends on the penalties you paid. Clients commonly recover thousands to tens of thousands of dollars, plus statutory interest. The eligibility check gives you an estimate.

Is there any upfront cost?

No. The eligibility check is free, and you pay nothing unless the IRS issues a refund. Our fee comes out of the recovered amount.

Do I need my old tax returns?

No. We work directly from IRS transcripts that we pull on your behalf.

Will this trigger an audit?

No. This is a standard refund claim filed under existing IRS procedures — not a dispute or amended return.

Who actually handles the filing?

Quick Business Fund partners with PenaltyBack by TaxNow, a specialized tax recovery firm, to handle eligibility review, transcript analysis, and refund claim filing. You get one point of contact through Quick Business Fund.

Check If You Qualify — Free

Submissions close July 10, 2026

Takes about 2 minutes. No payment info required.