Time for Filing U.S. Tax Court Petitions is Extended
Due to the COVID-19 pandemic, the Treasury Department and the IRS, pursuant to its authority in IRC Section 7508A, has extended the time to file certain petitions with the U.S. Tax Court.
IRS Extends More Tax Deadlines for Individuals, Corporations, Trusts, Estates, and Others
The IRS continues to provide relief to taxpayer as a result of the COVID-19 pandemic. Today, April 9, 2020, the IRS expands this relief to additional returns, tax payments and other actions.
Gary Slavett to speak on COVID-19 Administrative and Legislative Relief
Tax Attorney Gary Slavett will speaking at the upcoming Beverly Hills Bar Association webinar on COVID-19 Administrative and Legislative Relief.
IRS implements new COVID-19 Initiative to Assist Taxpayers
IRS temporarily adjusts and suspends key compliance programs to help people facing the challenges of COVID-19 issues.
IRS Postpones Tax Payment Deadline to July 15, 2020
The Treasury Department announced today relief for the tax payment deadline for individuals and businesses affected by Coronavirus.
Renouncing US Citizenship and US Tax Obligations
Giving up your U.S. citizenship is considered a taxable event, i.e. the IRS treats the date of the renunciation (or technically, the date before the renunciation) of the citizenship as a date of the virtual sale of the assets at a market price.