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Asset Protection Planning

Delays on your 2013 tax return filings

By January 15, 2013December 14th, 2023No Comments

Since the U.S. Congress only passed the American Taxpayer Relief Act (ATRA) on the 3rd of this month, the IRS has announced this week that its current plans are to not begin accepting and/or processing any tax individual income tax returns for 2012 until January 30 or subsequent.

The IRS will begin accepting tax returns on that date after updating forms and completing programming and testing of its processing systems. This will reflect the bulk of the late tax law changes enacted January 2, 2013. This means that approximately120-plus million households cannot file their 2012 tax returns until at least the 30th of January 2013.



Michael Nelson

Michael has great depth of experiences and skills that evolved from over 35 years of representing international businesses, executives, expatriates and multi-national families. From these years of successful legal representations of CEOs of Fortune 500 Companies to family clients with needs from complex estate planning to international trusts and private foundations. He is committed to his clients, always finding better alternatives or options for his clients. Dedication to the client is synonymous with his name.