Taxpayers may still reclaim pandemic-era penalties, yet a little-known July cutoff could shut the door. There is a quiet race under way in the US tax system. It is not being advertised. It is not widely understood. Yet it could decide whether millions of people recover money they never should have paid.
At the centre of it lies a court ruling, a disputed interpretation of law, and a deadline that is now only days away. The warning comes from Erin Collins, the US National Taxpayer Advocate, who has raised concerns that ordinary taxpayers may miss out while better-advised claimants move quickly.
