Hurricane Harvey Tax Relief
Following FEMA’s major disaster declaration for Texas and Hurricane Harvey, the
IRS announced it is granting extensions on due dates for returns and relief from
penalties for late tax payments for affected individuals and business taxpayers,
including payroll returns. (IR-2017-135.)
This relief will be provided automatically to any taxpayer with an IRS address of
record located in the disaster area. Accordingly, taxpayers don’t need to contact the
IRS for this tax relief.
If an affected taxpayer receives a late filing or late payment penalty notice from the
IRS that has an original or extended filing, payment or deposit due date falling
within the postponement period, the taxpayer should call the telephone number on
the notice to have the penalty abated.
For more information please click here Hurricane Harvey Tax Relief.
Source: Thomson Reuters/Tax & Accounting