Recently, the Internal Revenue Service (IRS) has announced a tax filing relief program that is spearheaded to support counties across the United States.
This move is expected to act as the much-needed financial offload faced by individuals and businesses that have been affected by the disaster in recent times.
Learn about the key details of this financial relief scheme, the counties that are involved in this IRS filing relief, and all the taxpayers based in that area need to know.
The recent IRS release
IRS made an announcement following the disaster declaration by the Federal Emergency Management Agency (FEMA). Individuals and households that are based in or have business in these counties are eligible for tax relief:
1. All the counties in South Carolina are eligible for tax relief.
2. Here is a list of counties in Florida that are eligible for tax relief:
- Alachua
- Baker, Bay
- Bradford
- Brevard
- Calhoun
- Charlotte
- Citrus
- Clay
- Collier
- Columbia
- DeSoto
- Dixie
- Duval
- Escambia
- Flagler
- Franklin
- Gadsden
- Gilchrist
- Glades
- Gulf
- Hamilton
- Hardee
- Hendry
- Hernando
- Highlands
- Hillsborough
- Holmes
- Jackson
- Jefferson
- Lafayette
- Lake
- Lee
- Leon
- Levy
- Liberty
- Madison
- Manatee
- Marion
- Monroe
- Nassau
- Okaloosa
- Okeechobee
- Orange
- Osceola
- Pasco
- Pinellas
- Polk
- Putnam
- Santa Rosa
- Sarasota
- Seminole
- St. Johns
- Sumter
- Suwannee
- Taylor
- Union
- Volusia
- Walton
- Wakulla
- Washington
3. Here is a list of counties in Georgia eligible for tax relief:
- Appling
- Atkinson
- Bacon
- Ben Hill
- Berrien
- Brantley
- Brooks
- Bryan
- Bulloch
- Burke
- Camden
- Candler
- Charlton
- Chatham
- Clinch
- Coffee
- Colquitt
- Cook
- Crisp
- Decatur
- Dodge
- Echols
- Effingham
- Emanuel
- Evans
- Glynn
- Grady
- Irwin
- Jeff Davis
- Jefferson
- Jenkins
- Johnson
- Lanier
- Laurens
- Liberty
- Long
- Lowndes
- McIntosh
- Mitchell
- Montgomery
- Pierce
- Richmond
- Screven
- Tattnall
- Telfair
- Thomas
- Tift
- Toombs
- Treutlen
- Turner
- Ware
- Wayne
- Wheeler
- Wilcox
- Worth.
4. Here is a list of 66 counties in North Carolina eligible for the tax relive:
- Alamance
- Anson
- Beaufort
- Bertie
- Bladen
- Brunswick
- Camden
- Carteret
- Caswell
- Chatham
- Chowan
- Columbus
- Craven
- Cumberland
- Currituck
- Dare, Davie
- Davidson
- Duplin
- Durham
- Edgecombe
- Forsyth
- Franklin
- Gates
- Granville
- Greene
- Guilford
- Halifax
- Harnett
- Hertford
- Hoke
- Hyde
- Johnston
- Jones
- Lee
- Lenoir
- Martin
- Montgomery
- Moore, Nash
- New Hanover
- Northampton
- Onslow, Orange
- Pamlico
- Pasquotank
- Pender
- Perquimans
- Person, Pitt
- Randolph
- Richmond
- Robeson
- Rockingham
- Sampson
- Scotland
- Stokes
- Surry
- Tyrrell
- Vance
- Wake
- Warren
- Washington
- Wayne
- Wilson
- Yadkin.
What should taxpayers in these regions note?
Taxpayers based in these affected areas should note that the tax relief is postponed until 3rd February 2025, various tax filings and payments that occurred at the beginning of August 1st, 2024, in Florida; August 4th, 2024, in Georgia and South Carolina; and August 5th, 2024, in North Carolina.
Due to this result, individuals and businesses that have been affected have up until the 3rd of February, 2025 to file in returns and pay any taxes that were originally due during this period.
The February 3, 2025, deadline applies to:
- This deadline applies to all individuals, tax-exempt organizations, or businesses that are yet to file their 2023 federal return. Additionally, it is vital to note that payment on these returns is not entitled to extra time because they were due last spring, which was before the hurricane.
- The quarterly estimation of income tax payments is occasionally due on the 16th of September 2024 and the 15th of January 2025.
- Excise tax returns and the quarterly payroll are also occasionally due on the 31st of October 2024 and the 31st of January 2025.
