If your business paid late-filing or late-payment penalties to the IRS during the COVID-19 pandemic, a landmark court case could mean a massive refund is heading your way. In late 2025, the U.S. Court of Federal Claims handed down a major victory for taxpayers in Kwong v. United States. The court ruled that the IRS improperly assessed billions of dollars in penalties and interest during the pandemic. Because of how this ruling impacts the statute of limitations, affected businesses and individuals have a strict window to act, with a major deadline looming on July 10, 2026. Here is what you…
Posts published in May 2026
Our recent webinar included the topic of what happens when a business reaches various employee levels. Fifty employees is one of those major thresholds where two major regulations kick in: the Affordable Care Act (ACA) and Applicable Large Employers (ALE), both at 50 full-time equivalent employees and the Family and Medical Leave Act (FMLA), at 50 or more employees for at least 20 weeks per year. This article will delve into the minefield of what FMLA compliance means and how it helps employees balance their work lives with serious family and medical situations. For an employer, FMLA compliance means granting…