IRS Notice 2024-72, provides relief for individuals and businesses affected by terrorism in Israel.
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IRS Provides Extensions for Taxpayers Impacted by Hamas Terrorism in Israel
In Notice 2023-71, the IRS provided tax relief for individuals affected by Hamas’ terroristic action in the State of Israel beginning on October 7, 2023. Notably, this relief is not
Continue Reading IRS Provides Extensions for Taxpayers Impacted by Hamas Terrorism in IsraelIRS Postpones Gift Tax Filing Deadline to July 15, 2020 Due to COVID-19 Pandemic
As a follow-up to its prior announcement that the April 15 income tax filing deadline is extended to July 15 due to the COVID-19 pandemic, the Treasury Department has announced
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The Federal Gift (Tax) That Keeps On Giving
Our colleagues Melissa A. Terranova and Eric Sorkin have published a client alert about recently-issued Internal Revenue Service proposed regulations that would allow estates to leverage favorable gift exclusion amounts
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