Did your business pay penalties to the IRS during or shortly following the COVID-19 pandemic? If so, you may now be eligible for a refund on those penalties.
What happened: Recent federal court decisions suggest the IRS may have applied certain COVID-era filing and payment deadlines too narrowly.
Why it matters: Some businesses that paid IRS penalties or interest during the COVID-19 pandemic may now have an opportunity to seek refunds.
The bottom line: Businesses that paid IRS penalties, interest, or related charges between 2020 and 2023 should review their records now. Some refund deadlines may begin expiring as early as July 10, 2026.
In this alert, we will:
- Explain the recent federal court decisions;
- Discuss which businesses may have potential refund claims;
- Identify the types of penalties and interest that may be eligible for refund;
- Highlight important deadlines that may affect your right to seek a refund; and
- Outline the steps businesses can take to preserve and pursue potential claims.
Get more information: If your business received IRS penalty notices, paid significant interest charges, or experienced tax filing or payment issues between 2020 and 2023, we encourage you to contact Lipsitz Green Scime Cambria. We would be pleased to review your circumstances and help you determine whether steps should be taken to preserve potential refund claims.
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Michael Schiavone Named to Buffalo Business First’s Power 250
Lipsitz Green Scime Cambria is proud to announce that Michael Schiavone has been named to the 2026 edition of Buffalo Business First’s Power 250.
Power 250 is an annual list of Western New York’s most influential business and community leaders. Business First states that every year, they compile a list of “business leaders whose guidance and influence shape Western New York.”
When creating the Power 250 list, Business First focuses on individuals who lead organizations, make key decisions, and possess the authority to effect change in the region. Candidates are evaluated on their impact on Western New York’s business environment and community development. Assessment includes the scope of their role, company size, and tenure, alongside personal involvement in civic activities.
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25 Attorneys from Lipsitz Green Scime Cambria Named to the Edition of 2025 Super Lawyers
The law firm of Lipsitz Green Scime Cambria LLP is proud to announce that twenty-five of the firm’s attorneys have been named to 2025’s New York Super Lawyers, Upstate Edition. No more than five percent of the lawyers in a state are selected to Super Lawyers.
Four attorneys from Lipsitz Green Scime Cambria were ranked in the Top 50 among all attorneys named to 2025’s New York Super Lawyers, Upstate Edition. In addition, nine attorneys from Lipsitz Green Scime Cambria were named to New York Super Lawyers, Upstate Edition’s Rising Stars list.
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