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Vinson & Elkins LLP

FinCEN Extends BOI Reporting Deadlines for Businesses Impacted by Recent Hurricanes

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The Financial Crimes Enforcement Network (“FinCEN”) has announced temporary relief measures for reporting companies affected by recent hurricanes in the Southeast, providing additional time to comply with Beneficial Ownership...more

Adams and Reese LLP

CTA Breaking News: FinCEN Announces Six-Month BOI Reporting Extension in Hurricane Areas

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With the Jan. 1, 2025, deadline fast approaching for companies to submit their Beneficial Ownership Information (BOI), the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has announced a...more

Brooks Pierce

Hurricane Helene Financial Resources for Businesses

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As Hurricane Helene survivors mark one month since the storm hit, and long-term recovery continues in Western North Carolina, this client alert addresses financial resources for businesses. ...more

McDermott Will & Emery

Weekly IRS Roundup June 24 – June 28, 2024

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of June 24, 2024 – June 28, 2024. ...more

Allen Barron, Inc.

IRS Recommends Planning to Protect Important Documents in the Event of a Natural Disaster

Allen Barron, Inc. on

In a recent notice the IRS is reminding all of us to undertake planning to protect important documents in the event of a natural disaster. This is National Wildfire Awareness Month, and we are in the midst of National...more

Nossaman LLP

UPDATE | Extended Again: Federal and California Tax Relief for California Storms

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As practitioners predicted, the California Franchise Tax Board has adopted the federal November 16, 2023 extensions for similar state returns and payments. To those CPAs and taxpayers who pulled all-nighters to get returns...more

McDermott Will & Emery

Weekly IRS Roundup May 15 – May 19, 2023

McDermott Will & Emery on

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 15, 2023 – May 19, 2023. May 15, 2023: The IRS released Internal Revenue Bulletin 2023-20, which...more

Farella Braun + Martel LLP

Federal and California Taxpayer Relief: Reprieve From Wet Winter Weather

2023 started California off with weather that escapes recent memory. Rain, snow, and surf seemed unrelenting for the first two weeks of January. While this spell of winter storms has brought snow to our slopes and refilled...more

Holland & Knight LLP

Florida Department of Revenue, FinCEN Issue Filing Extensions After Natural Disasters

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In response to the major disaster declarations issued by the U.S. federal government and the Internal Revenue Service (IRS) issuing related disaster relief by extending tax deadlines for victims of Hurricane Ian, other...more

Shutts & Bowen LLP

IRS Announces Tax Relief for Victims of Hurricane Ian in Florida

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On September 29, 2022, the Internal Revenue Service (the “IRS”) announced certain tax relief for victims of Hurricane Ian in Florida. Following the recent disaster declaration issued by the Federal Emergency Management Agency...more

McNees Wallace & Nurick LLC

IRS Finalizes Hardship Withdrawal Regulations

Not all 401(K) and other qualified plans allow hardship withdrawals, but if your plan does allow hardship withdrawals, make sure it is compliant with the new rules finalized in September.   All of the changes are optional for...more

Bradley Arant Boult Cummings LLP

IRS Issues Guidance to Ease Assistance for Hurricane Recovery

While Hurricanes Harvey and Irma have subsided, recovery efforts have just begun. In an effort to help bring timely assistance to beleaguered residents of areas hard hit by the storms, the Internal Revenue Service (IRS) has...more

Jackson Walker

IRS Provides for Expedited Loans and Hardship Distributions from Retirement Plans

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The IRS announced last week that it will allow victims of Hurricane Harvey and their families to more easily access assets held in employer-sponsored retirement plans. Specifically, the IRS will allow certain retirement plans...more

Morgan Lewis

Hurricane Harvey Client Alert: Tax Filing and Payment Deadlines Extended for Victims

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Victims of Hurricane Harvey in some designated areas now have until January 31, 2018 to file certain federal tax returns and make payments....more

Jackson Walker

The IRS Has Extended Tax Deadlines for Victims of Hurricane Harvey

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The Internal Revenue Service has provided for a measure of relief to individuals and businesses that have been impacted by Hurricane Harvey. As described in Information Release-2017-135, the relief extends the deadline to...more

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