Tax relief offered to victims of Texas winter storms

Texas victims of winter storms that began February 11, 2021, now have until June 15, 2021, to file various individual and business tax returns and make tax payments, the IRS announced in a News Release and on its webpage. Individuals and households affected by severe winter storms that reside or have a business in all 254 […]

COVID relief measures target of online scams

While Covid has changed just about everything, scam artists remain up to their old tricks. Some of their tactics may have changed, but at their core, con artists attempt to take advantage of uncertainty and fear surrounding the pandemic to separate their victims from their money. The IRS released its list of Dirty Dozen tax […]

States offer tax filing relief in wake of COVID-19 outbreak

As the impact of the coronavirus (COVID-19) continues to spread across the country, different states’ departments of revenue are offering various forms of tax relief, from extending tax filing deadlines to deferring sales tax. Legislative activity is moving quickly and changing daily. As of March 23, 2020, 39 states, along with various municipalities,  have issued […]

Congress mulls bill to provide tax relief after natural disasters

The spring tornado season is here, and in some places in the country, has descended with force. The months of April and May have seen more than 500 tornadoes in a 30-day period, according reports from federal government weather forecasters in The New York Times. The violent storms stretched from eastern Colorado and New Mexico […]

Pay too little in taxes last year? IRS offers relief for underpayment

Many taxpayers saw a bump in their take-home pay last year as a result of the lower tax rates and increased standard deduction thanks to the Tax Cuts and Jobs Act. That’s the good news. On the other hand, some taxpayers may have had too little tax withheld in 2018, exposing them to potential penalties […]

Hurricane Michael victims have more time to file some tax returns

Taxpayers in parts of Florida and south Georgia have been given more time to file some tax returns as a result of Hurricane Michael that hit the Florida panhandle earlier in October. The IRS has announced that certain counties in Florida and Georgia designated by the Federal Emergency Management Agency (FEMA) as federal disaster areas […]

IRS gives more disaster victims time to make tax payments

Disaster victims in parts of North Carolina and South Carolina will have more time to make some tax payments in the wake of Hurricane Florence. Much of coastal North Carolina and South Carolina are still recovering from massive flooding after Hurricane Florence made landfall on Sept. 14. As a result, the IRS has announced that […]

Hurricane Florence victims in N.C. given more time to file taxes

In the aftermath of Hurricane Florence, the IRS has extended tax filing deadlines for those individuals and businesses in certain parts of North Carolina. Much of coastal North Carolina is suffering from flooding in the aftermath of the storm that made landfall on Sept. 14. Many roads remain underwater or blocked by downed trees. The […]

Tax deadline extended for victims of Hurricanes Harvey and Irma

Back-to-back hurricanes in the last few weeks have left much of the Southeast and Texas devastated, but the IRS is giving victims of these storms extra time to file tax returns. Taxpayers in those areas affected by Hurricanes Harvey and Irma that have been declared federal disaster areas are eligible for the extension of time. Taxpayers […]

Tax deadline extended for disaster victims in Ga., Miss.

Those who live or who own businesses in the federally declared disaster areas across the Southeast following severe storms and tornadoes in January will have additional time to file and pay taxes. The IRS has announced that certain counties in Georgia and Mississippi will now have until May 31, 2017, to file their income tax returns […]