The Internal Revenue Service has announced that it is postponing the taxpayer filing and payment deadlines for the taxpayers hit hardest by Hurricane Katrina.
Individual and business taxpayers in the most severely damaged parishes and counties of Louisiana and Mississippi automatically have through Aug. 28, 2006, to file returns and make certain tax payments that had a due date or extended due date on or after Aug. 29, 2005, and on or before Aug. 28, 2006.
In addition, the failure to deposit penalty will be waived for taxpayers in these areas who are unable to make their deposits during this time period.
The automatic postponement applies to taxpayers in the following Louisiana parishes: Cameron, Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, and St. Tammany.
The postponement also applies automatically to taxpayers in the following Mississippi counties: Hancock, Harrison and Jackson.
To ensure taxpayers outside the above areas who suffered severe hurricane damage get necessary relief from filing and payment deadlines, these taxpayers must identify themselves as impacted.
Individual, corporation, partnership, estate, trust, S-corporation, generation-skipping, employment and certain excise tax returns qualify for the extension.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment