IRS Extends Filing Deadline For Victims of Hurricane Florence
|The aftermath of Hurricane Florence has affected many in North Carolina and elsewhere which have led to reports that the IRS extends filing deadline for victims, along with various IRS tax relief efforts. With annual Form 990 non profit tax returns due today for fiscal tax year organizations that run from May 1 to April 30, in addition to several other upcoming tax filing deadlines, we wanted to ensure those affected knew that the IRS extends filing deadline for victims of Hurricane Florence.
IRS Extends Filing Deadline For Victims of Hurricane Florence
An automatic filing extension is offered to victims of Hurricane Florence in parts of North Carolina and elsewhere. Certain individual tax returns, business tax returns, and tax payments can be paid up until January 31, 2019.
This IRS tax relief is being offered to any area designated by the Federal Emergency Management Agency (FEMA) to qualify for individual assistance. The extension currently only includes parts of North Carolina, however, taxpayers in localities added later to the disaster area and those in other states will automatically be afforded the same filing and payment relief efforts.
Refer to the IRS Disaster Relief page for a current list of eligible localities.
IRS Tax Relief Extended Deadlines
You are more than likely wondering what deadlines have been extended due to Hurricane Florence. Generally, any tax filing and/or payment deadlines that started on September 7, 2018, in North Carolina have been extended to January 31, 2019. This includes, but is not limited to:
- Quarterly estimated income tax payments originally due on September 17, 2018,
- Quarterly payroll & excise tax returns originally due on September 30, 2018,
- Business with extensions,
- Taxpayers with a valid extension to file their 2017 tax return by October 15, 2018.
Note: Any penalties on payroll and excise tax deposits that were due on or after September 7, 2018, and before September 24, 2018, will subside as long as the deposit is made by September 24, 2018.
Life After Recovering From a Disaster
Our thoughts and prayer are with all that were affected by Hurricane Florence. At TaxBandits, we understand that recovering from a disaster is never an easy task. Getting back to life as you know it will take some time, but with the help of family, friends, community groups, and even the IRS, you will be able to focus your attention on what matters most.
Once things are intact and you are preparing to handle your tax filings, be sure to create a free TaxBandits account and let us help you file quickly and securely. We understand how difficult filing taxes can be, especially during hard times, which is why provide a simplified e-filing solution that saves you time and money.