Between wildfires such as the ones in Southern California earlier this year and hurricanes and other major storms experienced by other parts of the country annually, there is no shortage of natural disasters affecting people...more
4/18/2025
/ Estate Planning ,
Federal Taxes ,
Insurance Claims ,
Natural Disasters ,
Property Damage ,
Property Tax ,
Qualified Disaster Relief Payments ,
State Taxes ,
Tax Deductions ,
Tax Liability ,
Taxation ,
Time Extensions
In response to a Federal Emergency Management Agency (FEMA) declaration on the Los Angeles wildfires, the IRS on Jan. 10, 2025, issued a news release, IR-2025-10, which postpones certain tax-filing and tax-payment deadlines...more
1/16/2025
/ Business Entities ,
Business Taxes ,
California ,
Corporate Counsel ,
FEMA ,
Filing Deadlines ,
Governor Newsom ,
Income Taxes ,
IRS ,
Natural Disasters ,
Relief Measures ,
State Taxes ,
Tax Liability ,
Tax Planning ,
Tax Relief ,
Tax Returns ,
Wildfires
As reported by Holland & Knight on Dec. 27, 2024, companies and individuals impacted by the Corporate Transparency Act (the CTA) reasonably could have believed there was a respite from the "off again, on again, off again"...more
1/10/2025
/ Appeals ,
Appellate Courts ,
Constitutional Challenges ,
Corporate Transparency Act ,
Department of Justice (DOJ) ,
FinCEN ,
Injunctions ,
Petition for Writ of Certiorari ,
Preliminary Injunctions ,
Reporting Requirements ,
SCOTUS ,
Stays