Tax Attorney Blog

Overview: In response to the ongoing COVID-19 emergency, on March 21, 2020, the Internal Revenue Service (IRS) issued Notice 2020-18, extending the Federal income tax return filing and payment deadline to July 15, 2020. As a follow up, the IRS posted answers to frequently asked questions regarding the notice. Notice 2020-18 FAQs Key Takeaways: Any

Overview: Generally, a U.S. person’s Form 3520 is due on the 15th day of the 4th month following the end of such person’s tax year for income tax purposes, which, for individuals, is April 15 (note, exceptions exist for U.S. persons living/working outside of the U.S. and Puerto Rico, and U.S. persons in the armed

IRS unveils new People First Initiative in response to COVID-19. Relief includes suspension of existing Installment Agreement payments and involuntary collection action for certain taxpayers, in addition to providing other taxpayer-friendly provisions. Overview: To help people facing the challenges presented by COVID-19, the Internal Revenue Service (IRS) announced a series of steps to assist taxpayers by

IRS issues automatic postponement of April 15, 2020 deadline to file Federal income tax returns and make Federal income tax payments until July 15, 2020. FAQs also provided by IRS to further clarify the provisions. Overview: In response to the ongoing Coronavirus Disease 2019 (COVID-19) emergency, the Department of the Treasury (DOT) and the Internal Revenue