Reviewing the U.S. Tax Court ruling in Avrahami v. Commissioner involving an 831(b) captive insurance company.
The U.S. Tax Court recently ruled in Avrahami v. Commissioner, involving a captive insurance company under Section 831(b) of the Internal Revenue Code (IRC).
IRS moving Tax Day deadline from April 15 to July 15
In addition to the tax payment deadline that was previously extended, (link – https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020) the IRS announced today that at the President’s direction the IRS is moving Tax Day back from April 15 to July 15.
