The IRS has extended until Jan. 17, 2017, the deadlines for most
income tax returns, income tax payments and other time-sensitive
actions for taxpayers affected by storms and flooding in federally
declared disaster areas in Florida. In addition, the IRS will waive
failure-to-deposit penalties for federal payroll and excise tax
deposits due on or after Aug. 31, 2016, as long as they were made
by Sept. 15, 2016.
The IRS relief applies to taxpayers who reside in or have a
principal place of business in the counties of Citrus, Dixie,
Hernando, Hillsborough, Leon, Levy, Pasco and Pinellas. Other
counties may be added as the Federal Emergency Management Agency
(FEMA) assesses damages. Taxpayers whose books and records are
located in an affected area are also eligible for relief. The
relief applies to deadlines on or after Aug. 31 and includes:
Extended income tax returns due Sept. 15 and
Oct. 17, 2016
Estimated tax payments due Sept. 15,
Payroll and excise tax returns
The IRS automatically identifies taxpayers located in covered
disaster areas and applies the administrative relief. Eligible
taxpayers whose residence or principal place of business is outside
an identified county must call the IRS disaster hotline at +1 866
562 5227 to be included.
The extended deadline of Jan. 17, 2017, applies to all the tax
returns, tax payments and time-sensitive actions listed in Section
7508A, Treas. Reg. Sec. 301.7508A-1(c)(1) and Rev. Proc. 2007-56,
which includes the following:
Filing any income, estate, gift, employment or
excise tax return except for the firearms tax, harbor maintenance
tax, and alcohol and tobacco taxes
Paying any income, estate, gift,
generation-skipping tax or excise tax except for the firearms tax,
harbor maintenance tax, and alcohol and tobacco taxes
Filing Form 5500 series returns
Contributing to qualified retirement accounts
(including a rollover or reversing a rollover)
Deadlines related to like-kind
Filing a petition with the Tax
Allowance of a credit or refund of any
Filing a claim for credit or refund of any
Bringing suit upon a claim for credit or refund
of any tax
Giving or making any notice or demand for the
payment of any tax or regarding any liability to the United States
related to any tax
Collection by levy or otherwise of any
outstanding tax liability
Bringing suit by the United States or any
officer on its behalf regarding any liability related to any
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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The IRS has announced that it will cease the processing of paper returns at three IRS campuses over the coming years. The three affected locations are Covington, Kentucky, Fresno, California, and Austin, Texas.
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