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 UJET
Further Reading
Companies are sending their “road warriors” out at a rate not seen since 2019. A new study shows companies are allocating more ...
This might come as a surprise, but we collaborate too much, and it’s causing problems for leaders and employees. Many people poin...
2024 is shaping up as the year of crypto. The trends are unmistakable — and largely positive — for the revolutionary currency. ...
Business and tech leaders admit their organizations aren’t looking before they leap. Fifty-eight percent of 1,000 CFOs and CIOs sa...
“Fifteen days to flatten the curve” is what politicians and health officials told us was needed in mid-March of 2020 at the sta...
The U.S. Supreme Court (SCOTUS) handed down enough precedent-breaking decisions this spring to make anyone’s head spin. The upshot: B...