Feds extend tax deadlines to June 17 for areas slammed by storms
The Internal Revenue Service has extended corporate, business and individual tax deadlines out to June 17 for San Diego, Detroit and dozens of counties throughout the U.S.
Here’s a rundown of areas that were declared disaster areas by the Federal Emergency Management Association dating back to spring 2023 that are eligible for the two-month tax extension:
IRS gives more time to get financial affairs in order
- Wildfires that broke out in late August took a tremendous toll on Spokane, Washington. Quarterly payroll and excise tax returns normally due on October 31, 2023, and January 31 and April 30, 2024 are now due on June 17.
- Heavy rains flooded much of San Diego and other areas of southern California in late January. Tax relief applies to quarterly estimated tax payments that are normally due on April 15, plus reported 2023 contributions to individual retirement accounts and health savings accounts for eligible taxpayers.
- Businesses and individuals in parts of Michigan were impacted by severe storms, tornadoes and flooding starting back on August 24. The IRS filing leniency applies to Eaton, Ingham, Ionia, Kent, Livingston, Macomb, Monroe, Oakland and Wayne (home to Detroit) counties.
- Severe storms, flooding, landslides and mudslides walloped a large swath of West Virginia at the end of summer. Businesses and business owners in Boone, Calhoun, Clay, Harrison, Kanawha, and Roane counties qualify for tax relief.
- A mid-December storm flooded Maine homeowners and businesses. The June 17 extension covers taxpayers in the counties of Androscoggin, Franklin, Hancock, Kennebec, Oxford, Penobscot, Piscataquis, Somerset, Waldo and Washington.
- Other areas of New England are eligible for tax relief: Providence County in Rhode Island, which took a pounding from severe storms, flooding and tornadoes back in September; and New London County in Connecticut, site of severe storms, flooding and a near dam breach in January.
- And finally, businesses in Tennessee can file two months later than normal after suffering damage from heavy storms and tornadoes in early December. The June 17 deadline applies to Davidson, Dickson, Montgomery and Sumner counties.
Free Training & Resources
Further Reading
President Biden is calling for wealthy Americans and corporations to pay more in taxes. The president outlined a number of changes he belie...
Ever wondered why Excel features a currency format as well as an accounting format? You’re not alone. The reason is, creating Exce...
CFOs know not all prospects are what they claim to be. Potential clients will stretch the truth to get a line of credit that’s bigger...
A lot more contractors and businesses like yours that receive payments via CashApp, PayPal or Venmo have been bracing for getting a 2022 Fo...
Sales tax compliance is a demanding job for finance teams like yours. For example, comparing the number of tax rate changes across the U...
Embedded payment systems have a lot to do with why your employees like using Amazon and Uber. The payment process integrated into their app...