Richard Gano recently published an article for Bloomberg Tax entitled “Taxpayers Must Act Quickly on Relief for Late Filing Penalties.”  In this article, Richard analyzes IRS Notice 2022-36, in which the IRS provides relief to most people and businesses who file certain 2019 or 2020 returns late.  The notice is intended to help struggling taxpayers affected by the COVID-19 pandemic and to allow the IRS to return to normal operations for the 2023 filing season.  However, taxpayers must act quickly to qualify for the penalty relief.

For more details, and for the full article published in Bloomberg Tax, click here.

Richard is a tax attorney with Holtz, Slavett, & Drabkin. Richard practices in all types of tax controversy matters including income tax, estate tax, gift tax, employment tax, collection issues, and penalties. He represents clients in tax audits, collection defense, and litigation before the Internal Revenue Service, California Franchise Tax Board, Department of Fee and Tax Administration (formerly State Board of Equalization), Employment Development Department, and in the U.S. Tax Court and federal district court.

Before joining the firm, Richard was a tax attorney for the IRS Office of Chief Counsel in its headquarters in Washington, DC, where he worked in the Income Tax and Accounting division. At the IRS, Richard analyzed complex situations involving conservation easements, individual and business tax deductions, and timing issues related to reporting income and claiming deductions. Richard served as an IRS subject matter expert on alimony and separate maintenance payments, trade or business expenses, and the medical expense deduction. He also assisted in drafting guidance on charitable conservation easement deductions and guidance related to the capitalization of intangible assets.

Holtz, Slavett & Drabkin is a tax controversy and tax litigation law firm consisting exclusively of former IRS attorneys.  We represent taxpayers in all aspects of tax disputes with the IRS, state, and local tax authorities, including audits, administrative appeals, offshore matters, and tax litigation.  To schedule a consultation, please contact us at (310) 550-6200 (Beverly Hills office) or (949) 999-6606 (Orange County office).