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Congress Passes Filing Relief for Natural Disasters Act

July 11, 2025 The U.S. Senate recently passed H.R. 517, the Filing Relief for Natural Disasters Act, which allows the IRS to grant tax relief when a governor declares either a disaster or state emergency rather than waiting for a federal disaster declaration.

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BOI reporting deadline extension passes US House

February 12, 2025 A bill to extend the deadline for an estimated 32 million small businesses to report their beneficial ownership information (BOI) as mandated by the Corporate Transparency Act (CTA) passed the U.S. House unanimously.

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