Tax Relief for Hurricane Ian Victims
The IRS announced that, due to Hurricane Ian, will now have until February 15, 2023, to file various individual and business tax returns and make tax payments.
Individuals and households affected by Hurricane Ian that reside or have a business anywhere in the state of Florida qualify for tax relief. The declaration permits the IRS to postpone certain tax-filing and tax-payment deadlines for taxpayers who reside or have a business in the disaster area. For instance, certain deadlines falling on or after September 23, 2022, and before February 15, 2023, are postponed through February 15, 2023.
This means individuals who had a valid extension to file their 2021 return due to run out on October 17, 2022, will now have until February 15, 2023, to file. The IRS noted, however, that because tax payments related to these 2021 returns were due on April 18, 2022, those payments are not eligible for this relief.
How Can CS&L Help You
We are committed to providing you with the best service possible in preparing your tax returns/extensions, and will continue to work hard to get tax returns completed and filed as quickly as possible for you. Please continue to send us your tax material. We appreciate your efforts to assist us in doing so timely, understanding that each of you will be impacted differently and have different priorities. Despite the extended deadline, we are continuing to process returns and get them filed as soon as possible. We will continue to monitor additional notifications issued by the IRS and state governments and will keep you updated as we learn more.