aAt least 10 people have lost their lives and more than 700 have been rescued in Florida Hurricane IanWhich could be the deadliest storm in the history of the state.
While the storm is moving toward North and South Carolina, US government announced that the Internal Revenue Service (IRS) is providing tax relief to victims from any area designated by the Federal Emergency Management Agency (FEMA).
What is the IRS doing for the victims of Hurricane Ian?
The IRS decided to postpone the tax filing and payment deadline through February, with a new deadline for affected individuals and businesses to file returns and pay any taxes on February 15, 2023.
“The IRS notes, however, that because tax payments relating to these 2021 returns were due on April 18, 2022, those payments are not eligible for this relief,” the press release reads.
“February 15, 2023, the deadline also applies to quarterly estimated income tax payments due on January 17, 2023 and quarterly payroll and excise taxes normally due on October 31, 2022 and January 31, 2023.
Businesses with an original or extended due date also have additional time, including calendar-year corporations whose 2021 extensions expire on October 17, 2022. Similarly, tax-exempt organizations also have additional time Including the 2021 calendar. -Years due to end on November 15, 2022, returns with extensions.”
Hurricane Ian. The famous meteorologist got swept away and got hit by a tree during
Who is Eligible for Hurricane Ian Emergency Pay?
Victims in any area designated by the Federal Emergency Management Agency (FEMA) have been determined to receive tax relief. The IRS insists that they provide this benefit to any taxpayer located in a disaster area.
Therefore, he clarified that citizens are not obliged to approach the IRS to provide relief, as it will be done automatically by the agency.
“However, if an affected taxpayer receives a late filing or late payment penalty notice from the IRS that contains the original or extended filing, payment or deposit due date within the moratorium period, the taxpayer should call the number on the notice.” . Fines reduced,” the IRS said.
“In addition, the IRS will work with any taxpayer who lives outside the disaster area, but whose records are required to meet the deadline that occurred during the moratorium period, is located in the affected area.
“Taxpayers eligible for relief living outside the disaster area need to contact the IRS at 866-562-5227. This also includes workers assisting with relief activities that are affiliated with a recognized government or philanthropic organization. “