Entries by Tax Attorney

Mississippi taxpayers impacted by April 2024 severe storms, straight-line winds, tornadoes, and flooding qualify for tax relief

June 27, 2024 /0 Comments/in , , /by

Mississippi taxpayers impacted by April 2024 severe storms, straight-line winds, tornadoes, and flooding qualify for tax relief On June 27, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses affected by severe storms, straight-line winds, tornadoes and flooding that began on April 8, 2024 in Mississippi. These taxpayers now have until November 1, […]

Facing An Appearance In U.S. Tax Court For Your Trial? Here Are Some Tips To Consider.

June 23, 2024 /0 Comments/in , /by

Facing An Appearance In U.S. Tax Court For Your Trial? Here Are Some Tips To Consider. The U.S. Tax Court allows individual taxpayers to represent themselves without an attorney.  But don’t think that because you did not hire an experienced tax trial attorney that the Tax Court judge will give you much leeway.  Although you have […]

Kentucky And West Virginia taxpayers impacted by April 2024 severe storms and flooding qualify for tax relief

June 10, 2024 /0 Comments/in , /by

Kentucky And West Virginia taxpayers impacted by April 2024 severe storms and flooding qualify for tax relief On May 31, 2024 the Internal Revenue Service (IRS) announced (Kentucky) announced (West Virginia) tax relief for individuals and businesses affected by severe storms, straight-line winds, tornadoes, flooding, landslides and mudslides that began on April 2, 2024 in […]

Massachusetts taxpayers impacted by September 2023 severe storms and flooding qualify for tax relief

June 2, 2024 /0 Comments/in , , /by

Massachusetts taxpayers impacted by September 2023 severe storms and flooding qualify for tax relief On May 31, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses affected by severe storms and flooding that began on September 11, 2023 in Massachusetts. These taxpayers now have until July 31, 2024, to file various federal individual and […]

If You Can’t Beat Them, Join Them – Biden Administration Publishes Proposed Rule Moving Cannabis to Schedule III

May 16, 2024 /0 Comments/in , /by

Biden Administration Publishes Proposed Rule Moving Cannabis to Schedule III.  If this proposed rule is approved, the Federal government would recognize medical benefits of cannabis, make Section 280E inapplicable to licensed cannabis operators, and open up financial and banking markets. The Associated Press reported on April 30, 2024 that the Drug Enforcement Administration (“DEA”) will […]

Ohio taxpayers impacted by March 2024 tornados qualify for tax relief

May 16, 2024 /0 Comments/in , , /by

On May 16, 2024 the Internal Revenue Service (IRS) announced tax relief for individuals and businesses affected by tornadoes that began on March 14, 2024 in Ohio. These taxpayers now have until September 3, 2024, to file various federal individual and business tax returns and make tax payments. The September 3, 2024, deadline will now apply to: Individual […]

If You Can’t Beat Them, Join Them – DEA to Propose Rule Moving Cannabis to Schedule III

May 1, 2024 /0 Comments/in , /by

If this change is approved, the Federal government would recognize medical benefits of cannabis, make Section 280E inapplicable to licensed cannabis operators, and open up financial and banking markets. The Associated Press reported on April 30, 2024 that the Drug Enforcement Administration (“DEA”) will propose a rule to reschedule cannabis to Schedule III under the […]

IRS further extends tax relief for Rhode Island and Maine 2024 flooding and storm victims

April 7, 2024 /0 Comments/in , /by

IRS further extends tax relief for Rhode Island and Maine 2024 flooding and storm victims On April 4, 2024 the Internal Revenue Service (IRS) announced further postponement until July 15, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by severe storms and flooding that began on December 17, 2023, and January 9, […]

IRS Using Inflation Reduction Act Funding To Catch Taxpayers Who Illegally Secured COVID Funds

March 29, 2024 /0 Comments/in , , , , /by

IRS Using Inflation Reduction Act Funding To Catch Taxpayers Who Illegally Secured COVID Funds IRS announced it has investigated 1,644 tax and money laundering cases related to COVID fraud potentially totaling $8.9 billion, with well over half that amount coming from cases opened in the last year. Under the Inflation Reduction Act the IRS is […]

IRS further extends tax relief for Hawaii 2023 wildfire victims

March 28, 2024 /0 Comments/in , /by

IRS further extends tax relief for Hawaii 2023 wildfire victims On March 27, 2024 the Internal Revenue Service (IRS) announced further postponement until August 7, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by the August 8, 2023, wildfires in Hawaii. Previously, the deadline was February 15, 2024. The August 7, 2024, […]