On-Demand

Tax Alert: The Refund Avalanche After Kwong

Watch this on-demand webinar where Withum and Prince Lobel Cannabis team members discuss who may qualify, what’s at stake, and how to take advantage of this opportunity before it closes.
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Businessman using a pen to write a notebook with TAX REFUND and refund tax of duty taxation business, graphs and chart being demonstrated on the screen media, tablet pc and selecting tax refund.

On-Demand Details

A recent federal court ruling has reopened what could be one of the largest refund opportunities from the COVID era.

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The court held that federal tax deadlines were automatically suspended from January 20, 2020, through July 10, 2023—meaning interest and penalties charged to Cannabis companies during that period may have been improperly assessed and potentially refundable. Refund claims many taxpayers assumed were time barred may still be valid, but the window to act is limited to July of 2026.

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Watch this on-demand webinar where Withum and Prince Lobel Cannabis team members discuss who may qualify, what’s at stake, and how to take advantage of this opportunity before it closes.

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Featured Speakers

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Brian-Silva_Web
Brian A. Silva
Partner
Providence, RI
Ray Owens
Raymond V.
Lead
Whippany, NJ

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