If you’re a corporation that is involved in manufacturing or import and export business, you must have heard of and are preparing to apply for the IEEPA refunds whose duties were deemed unlawful and unconstitutional by the government. However, you must have also heard that there are over 300,000 corporations and small businesses that are queueing up to receive their cut of the $166 billion in refund money. That said, the Treasury must pay these refunds as well as the interest that has accrued as well as miscellaneous costs which could potentially mean that the $166 may not be sufficient to cater to all affected business. While import companies are scrambling to sign up for the CAPE system in order to have their refunds processed, some, like you, are probably wondering if it’s even a good idea to do so if the wait time is indeterminate, and there is no guarantee that you’ll get this refund if there are other costs the government must absorb. If you paid IEEPA tariffs as an import corporation in America, read on to find out the legal ramifications of this conundrum and how working with a top IEEPA tariffs refund attorney may be the best thing you will do for your company this year.
Are you looking for a best IEEPA refunds attorney? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation as they relate to IEEPA refunds and the process. McCready Law is proud to announce that we have joined forces with Frost Law Arizona to help corporations and businesses that were unlawfully levied duties against during the February 2025 to February 2026 period, and thanks to the Supreme Court ruling, the government was ordered to pay back all these duties to over 300,000 affected businesses across the country. Our strategic partnership means we are able to assess your claim, consolidate your entries via an in-depth forensic audit to discover just how much the government owes you, file protective orders on your behalf, and even litigate your claim in front of the Court of International Trade should the government become recalcitrant about processing your IEEPA refunds. We offer the forensic audit at NO CHARGE as well as a 100% FREE initial consultation phone-call, and we work efficiently and ensure all your valid entries are presented as a complete dossier to CBP and relevant authorities, leaving you to focus on more pressing business matters. Need assistance with IEEPA refund rejections or processing? Call us NOW at (314) 481-63338 to speak with an experienced attorney and tax experts at no cost to you.
CBP and IEEPA Refunds – Where Does the Money Come From?
Before we continue, it is important to understand a vital fact: CBP does not have its own appropriation for IEEPA refunds. This simply means that the agency is paying refunds from the Customs Trust Fund, and it gets its funds from current duty collections. It is estimated that CBP collected approximately $30 billion per month in customs duties with IEEPA tariffs. However, after the Supreme Court ruling, this amount dropped to $12 billion. This means that if you’re a passive importer waiting for the portal, your refund is slowly shrinking as every importer gets in the refund queue.
The Judgment Fund Saves the Day
However, all is not lost; this is information that CBP will never tell you as there is no incentive to remind you: the federal government has a separate money pot known as the Judgment Fund, which was established by Congress in 1956. This Fund is a permanent, indefinite appropriation meant to pay all final judgments against our country, including those that have been issued by the Court of International Trade as well as settlements greenlit by the Department of Justice. In order to access the Judgment Fund, you need a final judgment from the Court of International Trade or a settlement agreement greenlit by the Department of Justice.
That said, even if the Judgment Fund did not exist, the Tucker Act of 1887 as well as the Fifth Amendment Takings Clause would make it mandatory for the government to pay your IEEPA refund. This means that try as they may, the government cannot plead poverty, cite the Antideficiency Act or grovel at the feet of Congress – they will have to make you whole, as per the laws of the land.
Best IEEPA Tariff Refund Attorneys – Call Us Today!
If you are the CFO or CEO of an importation or manufacturing firm that was hit with IEEPA tariffs, we’re here for you. The experienced attorneys at McCready Law have joined hands with the aggressive tax experts over at Frost Law Arizona to provide you with timely IEEPA tariff advice, consolidation and processing. We provide 100% FREE forensic audit on your IEEPA tariff entries so you can have a clear picture of what the government owes you. We also help expedite your entries so you don’t get placed in the refund queue for weeks or months, and we file protective protests on your behalf so you’re not locked out of IEEPA refunds. Need more information? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation. Thanks for choosing McCready Law, and we look forward to helping you.