Hurricane Laura victims entitled to tax relief from IRS
Attention all businesses impacted by Hurricane Laura: IRS has some temporary tax relief for you. And it lasts for the rest of 2020.
Specifically, all tax filing and payment deadlines that occurred beginning Aug. 22 get pushed back to Dec. 31.
So says a recent announcement by IRS.
This tax relief includes:
- quarterly estimated income tax payments due on Sept. 15, and
- quarterly payroll tax returns normally due on Nov. 2.
Located in any area designated by the Federal Emergency Management Agency (FEMA)? Then you qualify.
Current areas include: Acadia, Allen, Beauregard, Calcasieu, Cameron, Grant, Jackson, Jefferson Davis, Lincoln, Natchitoches, Ouachita, Rapides, Sabine, Vermillion, Vernon and Winn parishes in Louisiana.
- Share on
Free Training & Resources
Further Reading
Your Poker Face could be the most underrated tool in the workplace these days. After a long stretch of being told we should bring our au...
The metropolitan areas where employers and employees want to settle are in flux this decade. COVID-19 accelerated the flexible on-site ...
Usually, you need to wait until year’s end for pertinent lists and countdowns. But fortunately, two lists will be especially interest...
Today’s CFO navigates shifting technologies, increased cyber risks and ongoing labor challenges. Despite this, most still project dou...
Some of your people may be excellent at problem solving. But even those team members can occasionally run into problems that seem so comple...
Business and tech leaders admit their organizations aren’t looking before they leap. Fifty-eight percent of 1,000 CFOs and CIOs sa...
