The Internal Revenue Service is making it a little easier for people who have been affected by Hurricane Helene.
• Taxes due in March or April of 2025 are now due on May 1, 2025 for the entire states of Alabama, Georgia, North Carolina, and South Carolina.
• Taxes due in March or April of 2025 are now due on May 1, 2025 for 41 counties in Florida, 8 counties in Tennessee, and 6 counties and 1 city in Virginia.
• These extended deadlines apply to both individuals and to businesses.
• These extended deadlines apply to quarterly payroll and excise taxes.
• Individuals and businesses who were not covered by insurance or who did not get reimbursed for disaster-related losses, can claim these on their taxes during the year the loss occurred or on the previous year’s taxes.
• Additional information is available on the IRS website.
If you have questions about this or need any assistance, please contact our offices.