In Rafizadeh v. Commissioner, 150 T.C. No. 1, the Tax Court issued an important decision for the taxpayers, holding that the six-year statute of limitations with respect to income attributable to certain “specified foreign financial assets”, is effective only for those tax years to which the reporting requirement was applicable and in effect.
Holtz, Slavett & Drabkin, APLC is pleased to announce that its founding members Gary Slavett, David Holtz and Igor Drabkin have been distinguished as Southern California Super Lawyers for 2017. All three attorneys were selected as “best of the best” in the area of Tax Law for the upcoming year.
Beginning this year, reporting for the 2016 calendar year, the due date for filing Foreign Bank Account Reports (FBAR) changes from June 30th (which applied to all the previous tax years) to the same filing deadline as individual income tax returns, April 15.
Igor Drabkin was interviewed on CNN’s Erin Burnett Show about presidential candidate Donald Trump’s failure to disclose his tax returns
Our firm founders David Holtz, Gary Slavett and Igor Drabkin were each selected to the Southern California “SuperLawyers 2016” list in Tax Law.