This material is presented as a World Wide Web demonstration by the tax department of Pillsbury Winthrop Shaw Pittman LLP. Comments are welcome on the design or content of this material.

Only 34 Days Left Until April 15

If you're having trouble reaching the IRS forms site, you can try our forms collection.

If April 15, 2010 is approaching a little too rapidly and you have or can obtain the Acrobat Reader, you may wish to download or view IRS Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, a 121K on-screen pdf file.

Individual California taxpayers receive an automatic extension of time until October 15, 2010 to file their 2009 tax returns without the need to file an extension request, but should use Form FTB 3519, Payment Voucher for Automatic Extension for Individuals, an 89K on-screen pdf file, to pay their 2009 California personal income tax by April 15, 2010 in order to avoid late payment penalties and interest.

See our forms collection for information on using tax forms in Acrobat on-screen pdf format.

Latest Items

Our February 2010 Tax Bulletin, President's Budget Seeks to Expand or Extend Several Business Tax Credits and Deductions (7K). View the printed, Adobe Acrobat (123K) version.

Our December 2009 State & Local Tax Bulletin, containing New California Deadlines for Disclosing Certain Proposition 13 Changes in Ownership (7K) and California Ballot Measures Would Cut Proposition 13 Protection for Commercial Properties (11K). View the printed, Adobe Acrobat (184K) version.

Our November 2009 Corporate Tax Bulletin, IRS Issues Guidance on Extended Net Operating Loss Carryback Period (14K). View the printed, Adobe Acrobat (226K) version.

Our October 2009 State & Local Tax Bulletin, California Franchise Tax Developments—Fall 2009 (76K). View the printed, Adobe Acrobat (320K) version.

Our September 2009 Tax Bulletin, September 16, 2009 Deadline for Advanced Energy Project Credit Applications (8K). View the printed, Adobe Acrobat (91K) version.

Our August 2009 Tax Bulletin, Treasury Opens "Cash Grant Window" for Renewables (9K). View the printed, Adobe Acrobat (141K) version.

Our August 2009 California Property Tax Alert, Impending Deadlines for 2009 California Property Tax Savings (6K).

Our June 2009 Tax Bulletin, Guidance on Energy Tax Credit Election (17K). View the printed, Adobe Acrobat (140K) version.

Our June 2009 State & Local Tax Bulletin, California Limits Tax Credit Utilization, But Allows Assignment to Unitary Affiliates (18K). View the printed, Adobe Acrobat (139K) version.

Our May 2009 State & Local Tax Bulletin, containing California Suspends Net Operating Loss Deduction (9K) and Guidance on California's New 20 Percent Corporate Understatement Penalty (11K). View the printed, Adobe Acrobat (194K) version.

Our April 2009 State & Local Tax Bulletin, California Franchise Tax Developments—Spring 2009 (74K). View the printed, Adobe Acrobat (259K) version.

Our April 2009 Corporate Tax Bulletin, Debt Relief Provisions of the Stimulus Act (27K). View the printed, Adobe Acrobat (169K) version.

Our March 2009 Tax Bulletin, IRS Provides Guidance on Deferred Compensation from Offshore Funds (14K). View the printed, Adobe Acrobat (143K) version.

Our March 2009 State & Local Tax Bulletin, containing Tax Provisions of California Budget Bills (19K) and California Franchise Tax Board Releases Draft FAQs for New 20 Percent Corporate Understatement Penalty (9K). View the printed, Adobe Acrobat (186K) version.

Our February 2009 State & Local Tax Bulletin, California Franchise Tax Developments—Winter 2009 (74K). View the printed, Adobe Acrobat (280K) version.

Our November 2008 Tax Bulletin, containing Energy Tax Highlights from the_ Economic Rescue Act (15K) and Offshore Deferred Compensation to be Taxable at Time of Vesting (11K). View the printed, Adobe Acrobat (212K) version.

Our November 2008 State & Local Tax Bulletin, California Franchise Tax Developments—Fall 2008 (80K). View the printed, Adobe Acrobat (292K) version.

Our October 2008 State & Local Tax Bulletin, containing California Imposes New 20 Percent Understatement Penalty on Corporate Taxpayers (6K) and Bundled or Applicational Software Is Not Subjcet to Personal Property Tax (6K). View the printed, Adobe Acrobat (178K) version.

The IRS' October 1, 2008 news release, IRS Sends Compliance Questionnaires to 400 Colleges and Universities (18K).

Our July 2008 International Tax Bulletin, Significant Changes to U.S. Taxation of Expatriating Citizens and Long-Term Residents (21K). View the printed, Adobe Acrobat (172K) version.

Our March 2008 Tax Bulletin, containing IRS 162(m) Ruling Requires Review of Incentive Pay Arrangements (9K), and Supreme Court Decision May Spur Individual and Class Actions Against ERISA Fiduciaries for Defined Contribution Plans (14K). View the printed, Adobe Acrobat (229K) version.

We now have listed in one place links to all our Section 409A Material, including the December 2007 and November 2007 Tax Bulletins listed below.

Our December 2007 Tax Bulletin, IRS Announces Limited Correction Program for Nonqualified Deferred Compensation Plans (19K). View the printed, Adobe Acrobat (190K) version.

Our November 2007 Tax Bulletin, IRS Extends 409A Transition Relief and Provides Guidance on 2007 Reporting and Withholding (18K). View the printed, Adobe Acrobat (172K) version.

Our November 2007 State & Local Tax Bulletin, California Franchise Tax Developments—Fall 2007 (72K). View the printed, Adobe Acrobat (310K) version.

Our September 2007 Tax Bulletin, containing District Court Holds Tax Accrual Workpapers Are Protected by the Work Product Privilege (13K), and IRS Extends Deadline for Some, But Not All, Section 409A Document Compliance Amendments (21K). View the printed, Adobe Acrobat (232K) version.

Our July 2007 Partnership Tax Bulletin, Congress Proposes to Increase Fund Managers' Taxes on Carried Interests (14K). View the printed, Adobe Acrobat (179K) version.

Eileen J. O'Connor Joins Pillsbury as Partner in Washington, D.C.—Will Lead New Federal Tax Controversy and Tax Policy Team. See the full press release.

Our May 2007 Tax Bulletin, containing IRS Issues Final Regulation on Nonqualified Deferred Compensation (26K). View the printed, Adobe Acrobat (184K) version.

See our Tax Bulletins listing for earlier material or use our search feature.

Other Tax-Related Topics

We've added a new feature to our Applicable Federal Rate pages. You can now retrieve the actual IRS Revenue Rulings (as they appear in the Internal Revenue Bulletin) containing the AFRs for January 1996 through the most recently available month. These Revenue Rulings are in Adobe Acrobat pdf format, so you'll need an Acrobat-enabled browser, or the Acrobat Reader, to view them.

An Introduction to U.S. Taxation of Corporate Acquisitions. A Tax Page "classic," now updated for developments through September 2007, including 2003 disregarded entity merger regulations, 2004 "anti-inversion" legislation, 2006 foreign merger regulations and 2007 continuity of interest "signing date" temporary regulations.

Section 83 Materials. Code and Regulations relating to "property transfered in connection with the performance of services" and a § 83(b) election form.

Other Pillsbury Winthrop Shaw Pittman Material

The general Pillsbury Winthrop Shaw Pittman LLP web site.

About this Site

We have tested these pages with other but by no means all browsers, so if you experience difficulties viewing this material, please let us know.

The information presented is only of a general nature, intended simply as background material, is current only as of its indicated date, omits many details and special rules and accordingly cannot be regarded as legal or tax advice.

The information presented is not intended to constitute a complete analysis of all tax considerations. Internal Revenue Service regulations generally provide that, for the purpose of avoiding United States federal tax penalties, a taxpayer may rely only on formal written opinions meeting specific regulatory requirements. The information presented does not meet those requirements. Accordingly, the information presented was not intended or written to be used, and a taxpayer cannot use it, for the purpose of avoiding United States federal or other tax penalties or for the purpose of promoting, marketing or recommending to another party any tax-related matters.

This World Wide Web demonstration is under the direction of Brian Wainwright, a tax partner in the Palo Alto office of Pillsbury Winthrop Shaw Pittman LLP.

© 2010 Pillsbury Winthrop Shaw Pittman LLP. All Rights Reserved.
1540 Broadway, New York, NY 10036-4039. Ph. 877.323.4171.
Attorney Advertising. Results depend on a number of factors unique to each matter.
Prior results do not guarantee a similar outcome.