Recent Posts in 2020

• How to Claim 2020 Recovery Rebate Checks
  Mar 27, 2020
  by John Anthony Castro, J.D., LL.M. Introduction On Wednesday, March 25, 2020, the U.S. Senate approved (96-0) a massive $2 trillion package and sent ...
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• The Legal Definition of a Qualifying Child under Section 24(c)
  Mar 27, 2020
  by John Anthony Castro, J.D., LL.M. Introduction Many provisions under the Internal Revenue Code condition a deduction or credit on a dependent child ...
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• IRS Issues FAQs & Updated Guidance On Extension Of April 15 Tax Deadlines Due To Novel Coronavirus (Covid-19)
  Mar 25, 2020
  by John Anthony Castro, J.D., LL.M. IRS Notice 2020-18 (March 20, 2020) On March 20, 2020, the IRS issued Notice 2020-18, which provides updated ...
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• New IRS Guidance Regarding Certain Tax-Favored Foreign Trusts
  Mar 23, 2020
  by John Anthony Castro, J.D., LL.M. In new IRS guidance, certain foreign trusts receive a significant break from information reporting and the ...
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• Draft Regulations for Form 3520
  Mar 14, 2020
  by John Anthony Castro, J.D., LL.M. Castro Exclusive Castro & Co. has a draft version of regulations under Internal Revenue Code sections 643(i), 679, ...
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• Foreign Grantor Trusts Explained
  Mar 7, 2020
  Foreign Grantor Trusts Explained by John Anthony Castro, J.D., LL.M. Whenever a tax professional doesn’t know what to call something, they call it a ...
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• Castro Special Report | IRS Release New Rev. Proc. 2020-17 Exemptions to Form 3520 Foreign Trust Reporting
  Mar 2, 2020
  by John Anthony Castro, J.D., LL.M. Introduction The IRS created new exemptions for U.S. taxpayers that have transactions with foreign trusts. Read ...
  Posted By Castro & Co. International
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• 2020 Country-Specific Country Highlights
  Feb 14, 2020
  by John Anthony Castro, J.D., LL.M. Introduction Our much anticipated 2020 country-specific Country Highlights packets are now ready! The Highlights ...
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