Strength in Numbers with Marcus Crigler

Episode 68: The IRS May Owe Real Estate Investors Thousands of Dollars

27 min · 22 de may de 2026
Portada del episodio Episode 68: The IRS May Owe Real Estate Investors Thousands of Dollars

Descripción

In this episode of Strength in Numbers, Marcus Crigler and Kaden Hackney break down the growing buzz around the “Kwong refund” and why it could mean significant money back for taxpayers, especially real estate investors. The discussion centers around a major court ruling involving penalties and interest that the IRS may have been charged illegally during the federally declared COVID-19 disaster period. Listen as they explain what the ruling means, who could qualify for refunds, and why investors shouldn't wait to take action. If you've ever paid late filing penalties, late payment penalties, or IRS interest between 2020 and 2023, this episode is for you. You'll Learn How To: * Understand what the Kwong court ruling means * Find out if you may qualify for an IRS refund * Avoid mistakes when filing refund claims What You'll Learn in This Episode: (03:43) Marcus introduces the Kwong court ruling (04:28) Over $500,000 in potential refunds for clients (05:34) Tens of millions of taxpayers may qualify for Kwong refunds (07:38) How one taxpayer challenged the IRS (10:03) What does IRS Code Section 7508A mean (12:38) The important timeline for Kwong refunds: January 2020 through July 2023 (14:57) Why real estate investors are more likely to be affected than traditional employees (16:52) The IRS is not automatically sending refund checks (17:29) The IRS appeal process and why timing still matters (18:39) Filing a protective claim for refund helps secure your refund rights (19:32) Proper filing procedures are critical when dealing with the IRS (20:24) The July 10, 2026, deadline (21:45) Your CPA should already be discussing this opportunity with you (22:55) How their team helps real estate investors review potential claims Who This Episode is For: * Real estate investors who may have paid IRS penalties/interest during the COVID period * Entrepreneurs who want to know their rights regarding the Kwong refund * Anyone curious if they qualify for refunds Why You Should Listen: Marcus and Kaden simplify a complicated tax topic into a practical conversation that helps investors understand the opportunity, the risks, and the next steps for the Kwong refund. If you have ever wondered whether you have overpaid the IRS, this episode gives you a good reason to check. Connect with Marcus Crigler: * Website: https://beccfo.com/ [https://beccfo.com/] * LinkedIn: https://www.linkedin.com/in/marcus-crigler-cpa-977a45b7 [https://www.linkedin.com/in/marcus-crigler-cpa-977a45b7]  * Facebook: https://facebook.com/marcus.crigler [https://facebook.com/marcus.crigler]  Know more about the Kwong Court Ruling: https://reikwongrefunds.com/ [https://reikwongrefunds.com/]

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Portada del episodio Episode 84: The Business Strategy That Kept Us Alive with Jesse Nguyen

Episode 84: The Business Strategy That Kept Us Alive with Jesse Nguyen

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Episode 82: What Your Accountant Sees That You Don’t

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Portada del episodio Episode 81: The Missing Step Between Hustling and Financial Freedom with Leon Barnes

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