Tax Relief For 7 States Affected By Hurricanes Milton And Helene
October 16, 2024 Recently, the IRS issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for Hurricane Helene (multiple states and Notices) and for Hurricane Milton in Florida (FL 2024-10). Each Relief Notice provides universal tax relief that extends the deadline to file various individual and business […]
Legal 1031 Exchange Services, LLC Announces Complimentary Fall 2024 CLE Series
Legal 1031 Exchange Services, LLC is pleased to announce our upcoming Complimentary Continuing Legal Education (CLE) Series: A Basic Guide to IRC 1031 Tax Deferred Exchanges. This exclusive series offers attorneys the opportunity to earn 3 CLE credits while gaining valuable insights into the tax-deferred exchange process. Designed with real estate and tax law professionals […]
Tax Relief for New York & Connecticut Areas Affected by Storms & Flooding
September 27, 2024 Recently, the IRS issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for severe storms and flooding that began on August 18th, 2024 (Notice NY-2024-08 and CT-2024-11). Each Relief Notice provides universal tax relief for affected taxpayers that can extend the deadlines to file […]
September 2024 Disaster Relief Update
Throughout the month of September, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas. Each Notice provides universal tax relief that extends the deadline to file various individual and business tax returns and to make tax payments for affected […]
August 2024 Disaster Relief Update
Throughout the month of August, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas. Each Notice provides universal tax relief that extends the deadline to file various individual and business tax returns and to make tax payments for affected […]
Tax Relief For States Affected By Hurricane Beryl & Hurricane Debby
August 23, 2024 Recently, the IRS issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for Hurricane Beryl (67 counties in Texas, Notice TX-2024-08) and for Hurricane Debby (multiple states and Notices). Each Relief Notice provides universal tax relief that extends the deadline to file various individual […]
Update on CTA and NY LLC Disclosure Law
*Update – As of 12/3/24, the mandatory reporting under the CTA has been enjoined nationwide by a 5th Circuit Court in TX. The Department of Justice has filed an appeal of the injunction. Whether entities will need to comply with the requirements is dependent on the outcome of litigation. Per FinCEN, reporting of beneficial owner […]
July 2024 Disaster Relief Update
Throughout the month of July, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas. Each Notice provides universal tax relief that extends the deadline to file various individual and business tax returns and to make tax payments for affected […]
June 2024 Disaster Relief Update
Throughout the month of June, the IRS has issued tax relief that can extend/postpone the 45-day and 180-day deadlines applicable to ongoing Section 1031 exchanges for the below-referenced disaster areas. Each Notice provides universal tax relief that extends the deadline to file various individual and business tax returns and to make tax payments for affected […]
Truist Insurance Holdings Becomes a Standalone Company
175 Froehlich Farm Blvd, Woodbury, NY 11797 p 877.701.1031 f 877.703.1031 June 3, 2024 Legal 1031 Exchange Services, LLC (“Legal 1031”) and Kensington Vanguard National Land Services (“KV”) are proud to announce that our parent company, Truist Insurance Holdings (“TIH”), the fifth-largest insurance brokerage in the United States and previously a subsidiary of Truist Financial […]