calculator, pen, numbers, U.S. Federal Tax Payment Deadline Extended, 2019 Taxes

IRS Defers Tax Payments Due to Coronavirus

It’s not often that we receive good news regarding federal income taxes.  In the current state of global pandemic crisis, we all could use a little good news. Thanks to the Internal Revenue Service and the Department of Treasury, we are happy to share bit of good news.

In response to the COVID-19 outbreak, the Internal Revenue Service and the Department of the Treasury have deferred the payment deadline from April 15, 2020, to July 15, 2020.  Although the payment of estimated tax has been extended, the filing deadline of April 15, 2020 for corporate tax returns, individual tax returns, or extension remains in place.

What does the tax payment extension mean for individuals?

For individuals, the payment deadline is being automatically extended for those 2019 tax bills up to $1 million.  This includes individuals, self-employed, estates, and trusts, essentially any filers other than C-corporations.  There are no additional forms to complete, and it is not necessary to contact the IRS as this is applied across the board. As a reminder to individuals, the IRS emphasizes that everyone is eligible to request a six-month extension to file their federal return. Utilizing this option can give additional relief. 

What does the tax payment extension mean for corporations?

For  C-corporations, the tax payment deadline is extended to July 15, 2020, for up to $10 million of the 2019 tax bill. 

What about penalties and interest?

Penalties and interest will accrue beginning July 16, 2020, but provided the return is filed by April 15, 2020, and paid by July 15, 2020, no interest or penalties will apply.  

Contact us today for assistance navigating the available options for business financial relief. Our experienced business law attorneys can help suffering businesses reduce their losses. 

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Coronavirus: U.S. Bans Travel for Euorpeans

Since President Trump’s announcement to ban Europeans from traveling to or from the United States, the country is preparing for the consequences of the spread of the Covid-19 virus.

This border closure has several consequences:

  • Delays for immigration
  • Financial losses
  • Legal ramifications

The consequences in terms of immigration

Immigration concerns both non-residents seeking entrance to American territory and those who wish to leave the US. Currently, there are many confusing situations for which one may need an immigration attorney. The Boyer Law Firm specializes in many aspects of immigration law.

Entering the United States:

Regarding this situation, the President’s speech is very clear, Europeans from the European Union have been prohibited from entering American territory since March 12th. The British and those from the Republic of Ireland have similarly been restricted from entering the US since March 16th. This week, the border closure with Canada was announced.

For those who planned to go to the United States, it just became impossible. Having a visa, whatever it is, won’t change anything.

Be careful, however, if you are already in the United States. Indeed, the government has not announced any visa extensions for people already in the United States. Also, regardless of the current situation, if you exceed the maximum duration of your visa, or your ESTA, you will be considered an illegal immigrant. Though you are unlikely to be deported under the current circumstances, you take the risk of being unable to return to the United States in the future because of this violation. You will probably have to apply for a B visa to be authorized to return to the United States.

Leaving the United States:

If you are a citizen of one of the countries to which the United States no longer provides travels, the first step to take is to obtain information from your nation’s consulate in order to know if measures have been put in place to ensure repatriation of its citizens. If this is not the case, remember that the travel ban does not concern the whole world. It would be wise to consider a strategic withdrawal to another bordering country: Bahamas, Mexico, etc. It will of course be necessary to plan financially for this “exfiltration.” In this case, do not hesitate to use your insurance.

For those waiting for a visa, note that some American embassies and consulates, like the United States Consulate in Paris, are closed for health reasons. If you made an appointment to submit a visa application, we advise you to go directly to the website of the embassy concerned to verify it remains open. If it is closed, remember to postpone your appointment.

Any European citizen in the United States who has requested a status adjustment or a green card should know that the USCIS announced that all of its offices are closed from March 18 to April 1. This means that until at least this date, all requests to the administration will not be processed. The naturalization ceremonies are currently canceled. Further, a postponement date has not yet been set. The administration will send out notices with new meeting dates for all concerned.

Meeting with an Experienced Immigration Attorney

If you need assistance with immigration, or with negotiating with insurance companies for financial costs associated with expatriation, please contact us at the Boyer Law Firm. Our teams are highly specialized in the many complexities of immigration law, international law, visas, and citizenship. Contact us now, we’ll go over all your options and help you navigate the new laws and procedures. 

business closed, commercial lease, renegotiate commercial lease

Avoiding Lease Issues During the Coronavirus

As we all see on the news every day, the Coronavirus epidemic is rapidly spreading. This virus not only impacts our health, but our wealth, as well. Recently, the American president has severely restricted travel to the United States from Europe. In today’s spotlight series, we’ll explore some tactics businesses and landlords can use to help lessen the severity this pandemic will have on bottom lines.

Travel and Gathering Restrictions Hurting Local Economies

This quarantine decision is not without consequences for the United States. Florida, for example, depends on tourism for a considerable portion of her annual revenue and many of these tourists are from European countries. Each year, the Sunshine State attracts millions of tourists to enjoy the amusement parks; miles of sandy beaches and turquoise sea; shops that Florida has to offer. 

According to the Florida Chamber of Commerce, Florida’s tourism industry brings in over $6 billion in state taxes. In 2017, in the state of Florida alone, tourists (all nationalities combined) spent more than $88.6 billion, including $24.3 billion on hotels or lodging; $20.2 billion in food and restaurants; $15 billion in shopping; $18 billion in transportation and $11.2 billion in attractions and other entertainment activities. 

Bottom line, tourism is huge in the Sunshine State:

  • Tourism is the state’s 4th largest employer in the private sector 
  • As an industry, Florida Tourism employs more than 1.5 million Floridians

This 30-day travel ban could prove to be a real financial disaster for all sectors of tourism, especially since we are at the start of the spring break season.

The first victims will be restaurants, hotels, and shops. Fear spreads faster than the virus. Fear affects all sectors of the economy – airlines are desperately marketing reassuring messages. Restaurants only offer delivery service. Hotels slash prices, but nothing really stems the tide. In a globally connected economy, world markets are simultaneously contaminated by this drastic market slowdown. Restaurants, shopping centers, gathering places, tourist places, and even places of worship are deserted, generating significant deficits, especially in places like  Chinatown, New York. All major tourist destinations are affected. So, what advice can an expert legal team like Boyer Law Firm provide?

Renegotiating a Commercial Lease

While washing hands regularly is essential, it’s not the only solution to survive the epidemic. The first thing to do to prevent a financial meltdown is to renegotiate your commercial lease with your landlord. Through this unprecedented health crisis landlords should reduce interest rates, and consider waiving fees or even permitting delayed payments. 

Renegotiating the lease benefits the owners as much as the tenants to find an agreement on the payment of the rents for the period of slowdown. This keeps the property rented and at least some cash flow coming in until business can resume normally. Inflexible owners will only create more empty commercial spaces which, if left unchecked, can blight whole cities. Business owners should, though, seek to follow the terms of their lease rather than compromise their credit or risk expulsion. Negotiating with your landlord can be difficult and conversely renegotiating a contract may be outside the realm of many landlord’s expertise. That’s where the experience of a Florida business attorney can be a true benefit to all parties involved.

Trusted Florida Landlord Tenant Attorneys

A legal firm experienced in business law and specifically Florida Landlord Tenant Law like Boyer Law Firm can help businesses and property owners come to agreeable terms on matters of contention for the duration of this present crisis. Our business law team stands ready to help walk you through all your options with regards to the commercial lease and to help chart a path forward.

Contact our team now to renegotiate your commercial lease as best as possible today.

International Law Specialist, Francis M. Boyer

For International Law, why trust anything less than a Board Certified Expert like Francis M. Boyer?

Francis M. Boyer, Board Certified Specialist in International Law

According to the Florida Bar, International Law includes dealings between states and international organizations, as well as issues that can occur between nationals of different countries. These issues could include business immigration, international business transactions, international litigation, international taxation, and customs laws.

Evaluated for Professionalism, Tested for Expertise.

Earning his International Law Board Certification was no small feat. The Florida Bar requires Board Certified Specialists (B.C.S.) in International Law to meet each of several rigorous requirements both for initial certification, as well as very similar criteria for recertification, including:

  • Practicing law for at least five years in international law (or four years with a Master of Law or LL. M degree).
  • More than half their work focused on international law for the past three years.
  • At least 60 hours of international law certification in continuing legal education (CLE) during the past three years.
  • And both a peer review and a written legal exam.

Having met each of these requirements and by continuing to do so, Mr. Boyer remains one of a select few attorneys nationwide to be recognized with the highly elite certification as a Board Certified Specialist in International Law. The Florida Bar lists him as a member in good standing and eligible to practice law in Florida.

When Mr. Boyer first achieved his B.C.S. in International Law in 2014, he became one of only 53 board certified experts in international law. As of January 1, 2020, of the more than 90,000 attorneys in Florida, there are only 50 other board certified experts in this unique field. Further, of the other states in our nation, only Florida currently certifies attorneys in International Law, so Mr. Boyer currently stands as one of the 51 board certified experts for the entire United States. 

What is the Global Impact of these Specialists?

Our world is growing smaller, and more intertwined. So organizations like the International Bar Association, of which Mr. Boyer is a member, exist to contribute to global stability through the promotion of the rule of law. From Brexit to climate change, and from protests in Iran to the international refugee crisis, the future beckons wise and experienced leaders in international law to assist in the otherwise muddied waters of legal matters that cross national boundaries.

Why do I need an attorney certified in International Law?

Having held the board certification in International law since 2014, Mr. Boyer also possesses the experience necessary to set him apart in the international legal field. He regularly maintains his CLEs by traveling to New York and Miami. Simply put, Mr. Boyer knows international law and is recognized as an expert for this unique field.

Your international legal needs can vary widely, but they may include:

A full list of international legal issues Mr. Boyer is prepared to address can be viewed on our International Law page. Fluent in both French and Spanish, Mr. Boyer welcomes you to contact him for your international legal issues.

statue of liberty

Green Card Rule in Effect February 24, 2020

Last week the Supreme Court ruled to uphold one of President Trump’s immigration reform policies that may affect many green card applicants. The “public charge” rule will be implemented on the 24th of this month. This rule does not currently apply to applications originating from outside the United States. Green Card applicants currently in the United States must prove they are not likely to become a “public charge.”  This primarily affects adjustment of status applicants, interviewing in the United States. This could be a family petition

What is the “public charge” rule?

The “public charge” rule has been in effect since the 1880’s. Now the parameters are expanding to likely affect many more applicants.  Applications may be denied for:

  1. Anyone who has received one or more of government provided benefits, for more than 12 months combined, within any 36-month period.
  2. Anyone who may potentially use a government benefit in the future, based on age, family size, or health.  

What programs constitute government assistance?

The list of assistance programs that may exclude an applicant will now include but are not limited to:

  • SSI—Supplemental Security Income
  • TANF—Temporary assistance for needy families (welfare)
  • State or local general assistance
  • Medicaid or other long-term institutionalized care such as a nursing home or mental health facility.
  • SNAP—Supplemental nutrition assistance program (food stamps)
  • Section 8 housing and rental assistance
  • Federal housing subsidies
  • Non-emergency Medicaid benefits (with exceptions for minors, people with disabilities, pregnancy, and mothers within 60 days of giving birth). 

What does this mean for you?

The take-away is that if you are preparing to submit an application for an adjustment of status, be aware of elements taken into consideration for approval. Some factors considered when determining whether an applicant may potentially utilize government assistance in the future are:

  • Age—under the age of 18 or older than 61.
  • Health—any medical conditions which may affect the applicant’s ability to work
  • Family size—more children or dependents could be reason for a visa denial.
  • Skills—proficiency in English language along with adequate education and skills to obtain employment
  • Financial status—credit history, credit scores, and general likelihood that finances would interfere with work or education. 

What should you do?

Arm yourself with knowledge and don’t assume that since you are interviewing abroad that you are in the clear. Now more than ever, it is extremely important to provide the most detailed information in your application proving that you will be able to live in the United States without government support.

Even better, seek the advice of a Certified Expert in International Law for further assistance with your green card application.

Contact Us Today to discuss your adjustment of status!