Small businesses may be eligible for tariff refunds

On February 20, 2026, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs.

Main Street Alliance, a national non-profit non-partisan network of over 30,000 small business owners, aiming to center the economic and political power of local independent businesses, shared on February 23, 2026, what it is doing to help qualified small businesses across the country to get refunds of these tariffs.

According to MSA, over $175 billion was collected by the federal government from the tariffs to date. MSA will provide guidance and support to small businesses, not just its members, regarding the impact resulting from the Supreme Court decision.

To determine if you are eligible for a tariff refund, the main question to answer is if you are the importer of record for your company.

Go to mainstreetalliance.org for more information. You can also reach out directly, at no charge, to Matt Platkin, former Attorney General for the state of New Jersey, and an attorney whose firm is working on behalf of Mainstreet Alliance to guide small businesses in this situation. His email address is [email protected] .