Some Good News: Tax Deadlines Have Been Extended to July 15, 2020 – But Beware the Traps!
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The economic uncertainty caused by the Coronavirus extends to income tax obligations, especially in light of the upcoming April 15 deadline for filing income tax returns. IRS Notice 2020-18 and Notice 2020-58 give some relief to taxpayers by allowing extensions to file tax returns and pay income taxes. Here are some highlights that now apply to the current tax filing season:
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Asher Rubinstein
Asher Rubinstein's practice focuses on domestic and international asset protection, wealth preservation, estate planning, tax planning, tax controversy, offshore tax compliance, and related litigation. Mr. Rubinstein is a recognized expert on offshore entities, foreign banking, and IRS compliance issues. Mr. Rubinstein also represents and advises wine, spirits, food, and restaurant clients.