Tuesday, September 20, 2011

Hurricane Victim IRS Filing Extensions

IRS announces extensions and other relief to Hurricane Irene victimsSeptember 2, 2011 – The Internal Revenue Service is providing tax relief to individual and business taxpayers impacted by Hurricane Irene. The IRS has announced that certain taxpayers in North Carolina, New Jersey, New York, and Puerto Rico will receive tax relief, and other locations are expected to be added in coming days following additional damage assessments by the Federal Emergency Management Agency (FEMA).

The tax relief postpones certain tax filing and payment deadlines to October 31, 2011. It includes corporations and businesses that previously obtained an extension until September 15, 2011, to file their 2010 returns and individuals and businesses that received a similar extension until October 17. It also includes the estimated tax payment for the third quarter of 2011, which would normally be due September 15.

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