Friday, October 21, 2016

Tax Relief for Victims of Hurricane Matthew in Georgia






Georgia — Victims of Hurricane Matthew that took place beginning on October 4, 2016 in parts of Georgia may qualify for tax relief from the Internal Revenue Service.
Individuals who reside or have a business in Bryan, Camden, Chatham, Glynn, Liberty and McIntosh Counties may qualify for tax relief.
The declaration permits the IRS to postpone certain deadlines for taxpayers who reside or have a business in the disaster area. For instance, certain deadlines falling on or after October 4, 2016, and on or before March 15, 2017 have been postponed to March 15, 2017.  This includes the  January 17, 2017 deadline for making quarterly estimated tax payments and the 2015 individual returns on extension to October 17. Also included are the Oct 31 and Jan 31 deadlines for quarterly payroll and excise tax returns.
In addition, the IRS is waiving the failure-to-deposit penalties for employment and excise tax deposits due on or after October 4, as long as the deposits were made by October 19, 2016.
 But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 866-562-5227 to request this tax relief.

www.irs.gov  GA-2016-05, October 18, 2016

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