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.
Free Training & Resources
Webinars
Provided by Yooz
White Papers
Provided by Anaplan
Further Reading
HR tech demos rarely stall because the use case is weak. Often, they stall once the review reaches Finance. What should be a straightforwar...
“Everything we look at says that we’re probably going into very slow growth in 2024 – probably not a recession,” sa...
Federal shutdown headlines dominate business coverage, but finance teams are focused on the practical fallout – revising project schedule...
Back in 2013, the Securities & Exchange Commission (SEC) accused hedge fund manager George Jarkesy of defrauding two investors. Unlike ...
Financial professionals who can read a chart are rightly worried about the long-term economic health of the U.S. To quote the late, great e...
CFOs intend to continue cutting costs and boosting efficiency in every area possible through 2024 and probably well into 2025. And unfortun...