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Update on IRS Disaster Relief

IRS gives tax relief to victims of Hurricane Irma and Hurricane Harvey.  Taxpayers in “designated counties” have until January 31st to file certain individual and business tax returns and make certain tax payments.Handshake

This includes an additional filing extension for taxpayers with valid extensions that run out on October 16th and business with extensions that run out on September 15th.

Also included are September 15, 2017 and January 16, 2018 deadlines for making quarterly estimated tax payments.

Special considerations regarding uninsured or unreimbursed disaster related losses may also apply.

Please contact YHB if you have been impacted or, to confirm if you are in a designated county.