The IRS announced yesterday that it?s giving taxpayers and tax preparers affected by Hurricane Sandy some tax relief: a one week extension until November 7 to file returns and make payments normally due on October 31.
This IRS tax help is aimed at business owners and their tax preparers whose payroll and excise tax returns were due on October 31 and who were ?in an area affected by Hurricane Sandy or otherwise impacted by the storm.?
The announcement states the IRS intends to grant additional filing and payment relief as the Federal Emergency Management Agency (FEMA) issues more disaster declarations
This IRS relief is automatic; no action is required by the taxpayer. However, because these payments and filings were due yesterday, taxpayers and preparers need to know that if they receive a penalty notice for this period (which they may), they will want to avoid payroll tax problems and contact the IRS number on the notice immediately to request penalty abatement for reasonable cause due to the storm.
The IRS will be posting more details on the Tax Relief in Disaster Situations page on IRS.gov.
More Tax Help, IRS News and Tax Relief Tips:
- Offer in Compromise: How to Get the Tax Help You Need Through an IRS Offer in Compromise
- Tax Relief FAQ: What Is Worker Misclassification And How Is It Determined by IRS Business Audits?
Tags: Hurricane Sandy, IRS help, IRS tax extension, IRS tax help, IRS tax problems, Payroll Tax Problems, Penalty Abatement, tax extension deadline, tax help, tax relief, Tax Relief in Disaster
Source: http://www.taxresolution.com/blog/irs-tax-relief-for-hurricane-sandy-victims/
branson missouri davy jones dead monkees last train to clarksville tim tebow taylor swift post grad arpaio
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন