IRS Provides Additional Extensions for Taxpayers Affected by Terrorist Attacks in Israel

The IRS is extending relief for individuals and businesses affected by terrorism in the State of Israel beginning on September 30, 2024. In Notice 2024-72, the IRS provides additional relief to taxpayers in Israel, as well as the Gaza Strip and the West Bank, over and above the relief the IRS provided in Notice 2023-71 to taxpayers affected by Hamas’ terror actions in Israel beginning on October 7, 2023. Full details on our Tax Controversy & Financial Crimes Report blog.