Entries by Jeff

IRS Criminal Investigation Division Releases Its 2022 Annual Report

On November 3, 2022 the IRS released the Criminal Investigation Division’s (CI) annual report, highlighting significant successes and criminal enforcement actions taken in fiscal year ending September 30, 2022.  The IRS noted that a key achievement was the identification of over $31 billion in tax fraud and other financial crimes. In issuing this report IRS Commissioner Chuck […]

IRS Providing Tax Relief For Victims in Federal Declared Disaster Areas

Did you miss the October 17, 2022 tax return filing deadline? Areas with a new filing deadline of February 15, 2023, include: Florida, Puerto Rico, North Carolina, South Carolina, Areas in Alaska identified under FEMA’s Major Disaster Declaration 4672 and Hinds County, Mississippi. The IRS announced on October 5, 2022 that Hurricane Ian victims throughout both North Carolina and […]

California Franchise Tax Board Provides Tax Relief For Hurricane Ian Victims

The California Franchise Tax Board (“FTB”) announced on October 6, 2022 special state tax relief for taxpayers and businesses affected by Hurricane Ian. Taxpayers and businesses in presidentially declared disaster areas are granted an extension to Feb. 15, 2023, to file California tax returns on 2021 income and make any tax payments that would have been due […]

IRS Provides Tax Relief For Hurricane Ian Victims in the Carolinas

The IRS announced on October 5, 2022 that Hurricane Ian victims throughout both North Carolina and South Carolina now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments. This comes after the IRS announced on September 29, 2022 that Hurricane Ian victims throughout Florida now have until […]

IRS Provides Tax Relief For Hurricane Ian Victims in Florida

The IRS announced on September 29, 2022 that Hurricane Ian victims throughout Florida now have until Feb. 15, 2023, to file various federal individual and business tax returns and make tax payments. This comes after the IRS announced on September 27, 2022 that victims in parts of Alaska now have until February 15, 2023 to […]

IRS Provides Tax Relief For Victims Of Hurricane Fiona

The IRS announced on September 20, 2022 that victims in all 78 Puerto Rican municipalities now have until February 15, 2023 to file various individual and business tax returns and make tax payments. IRS Tax Relief Details The IRS is offering this relief to any area designated by the Federal Emergency Management Agency (FEMA), as […]