The tax deadlines have now been advanced by the IRS for persons living in areas affected by Hurricane Milton and Helene that have recently passed over the southern parts of the region. These hurricanes struck within 3 weeks and managed to inflict a lot of damage especially in places like Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia. It was a destruction rampage as Hurricane Helene alone had over two hundred and thirty casualties while Milton had seventeen fatalities.
Therefore, following the natural calamity IRS has on its own granted a tax deadline extension to the affected parties. There is no need to call the IRS in order to get this relief, as it is granted automatically to all of the people whose houses are in the disaster area. These extensions consist of tax filings and payments that were soon due otherwise.
For individuals and businesses, the extension also applies to the 2024 tax returns which are, normally, to be submitted in March and April of 2025. Also, in case you were granted the extension for filing 2023 tax return, which was to expire on October 15, 2024, this one has also been extended. Still, one should keep in mind that even though the deadline for filing is pushed forward, outstanding taxes that were originally due on April 15 of this year will not be considered for an additional period because they were due prior to the hurricanes. In addition, calendar-year corporations with any extensions set to expire on October 15, 2024, are included in the expanded deadline.
This assistance is limited to certain zones in a number of states. This extension for instance is applicable to the residents and businesses of some countries such as Alachua, Brevard, Broward, Hillsborough, Miami-Dade among other counties in the state of Florida. In fact, it covers numerous counties in the state, making it accessible to a wide range of Floridians impacted by these storms.
Now for the residents of South Carolina, the relief is not limited to a few areas but covers the whole state of South Carolina that is 46 counties. On the other hand, in the state of Tennessee, relief provisions are extended to the residents and citizens of Carter County, Cocke County, Greene County among Xerox catchment areas. Relief, on the other hand, includes counties such as Buchanan, Giles, and Wise, and also a number of cities like Bedford and Danville in the state of Virginia.
The extension is offered to help those who are still recovering from the previous hurricanes. With all the ruins and deaths caused, performing basic day to day duties such as paying taxes can be hard. The IRS understands this and is offering as much assistance as they can during these trying occasions.
In the wake of these hurricanes, people should be aware of any available assistance, including from the IRS. In addition, for taxpayers in the counties that have been affected, this extension is a relief and helps in concentrating on recovery instead of worrying about filing dates. As the IRS is automatically applying this relief, you will not have to think about going through additional processes – it is all in place for you if you live or run a business within the affected exceptions.
