Many of our friends and neighbors – perhaps even you – are still dealing with the devastation brought to the area earlier this month by Hurricane Ida.
This past week the IRS released information on providing tax relief for those affected by Hurricane Ida in parts of Pennsylvania. This currently includes Bucks, Chester, Delaware, Montgomery, Philadelphia, and York counties.
The relief postpones various tax filing and payment deadlines that occurred beginning on 8/31/21. Affected individuals and businesses now have until 1/3/22 to file returns and pay any taxes that were originally due during the relief period.
- 2020 individual and business tax returns (calendar-year partnerships, S corporations, and C corporations) with valid extensions (individual tax payments were due on 5/17/21);
- Extended tax-exempt organization returns due on 11/15/21; and
- Quarterly estimated income tax payments due on 9/15/21.
As always, if you have any questions about this or any other tax-related issue, please contact us online or call 215-723-4881.