November 13, 2012– In her most recent blog, our General Counsel, Kelly Alton, discusses the IRS tax relief available to businesses and individuals affected by the hurricane. The blog discusses how the IRS issues news releases to provide tax relief in the form of tax deadline extensions for persons and businesses resident in the areas affected by Hurricane Sandy, the news releases issued to date, and the special extension rules specifically applicable to Section 1031 exchanges in progress.
About NES Financial
NES Financial (NESF) is a leading provider of administration solutions for businesses with complex processes, large sub-accounting needs, and significant compliance requirements in a broad spectrum of industries. Combining in-house financial and legal expertise with state of the art technology, NES Financial helps banks, Fortune 500 corporations, and EB-5 Regional Centers improve operational efficiency, lower costs, and improve profitability. Recognized by Inc. 500|5000 as one of the fastest-growing, private companies in America, NES Financial safely processed more than $85 billion last year and protects businesses from financial risk by delivering unmatched levels of transparency, fund security, and regulatory compliance.