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IRS Offers Filing Extension To Businesses Affected By Winter Storms

by Mike Godfrey, Tax-News.com, Washington

14 March 2018


The Internal Revenue Service (IRS) has granted some businesses affected by severe winter storms additional time to request a six-month extension to file their 2017 federal income tax returns.

The relief will be available to victims and tax professionals affected by Winter Storm Quinn and Winter Storm Skylar, which hit portions of the Northeast and Mid-Atlantic US in March.

Business taxpayers who are unable to file their return by the regular due date - Thursday, March 15, 2018 - can request an automatic extension by filing Form 7004, on or before Tuesday, March 20, 2018. Form 7004, available on IRS.gov, provides a six-month extension for returns filed by partnerships (Forms 1065 and 1065-B) and S corporations (Form 1120S).

The IRS will continue to monitor conditions and provide additional relief if circumstances warrant, the agency said.

TAGS: tax | business | Internal Revenue Service (IRS) | professionals | United States

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