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.
