BEST OF THE BEST
HCVT recognized as a Best of the Best Firms for 16 consecutive years and is ranked #30 in the Top 100 firms in the United States.
On March 27, 2020, the Internal Revenue Service issued Notice 2020-20 (“Notice”). The Notice provides that for Affected Taxpayers, Federal Gift and Generation-Skipping Transfer (GST) Tax Returns (Form 709) now have the same postponement of filing and payment deadlines as federal income tax returns. This relief is good news for taxpayers. Pursuant to the Notice:
This Notice only applies to Form 709 and thus does not apply to United States Estate (and Generation-Skipping Transfer) Tax Returns (Form 706) that would otherwise be due April 15, 2020.
If you have questions, please contact your HCVT tax professional.