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Ike extends estimated tax deadline

Disaster_image_2_5 As mentioned last week, the IRS routinely offers tax relief to taxpayers affected by natural disasters. That's now the case for folks who are struggling to deal with the aftermath of Hurricane Ike.

The IRS has granted an extension of seven days to file corporate returns and third-quarter estimated taxes that are due today, Sept, 15. Taxpayers impacted by the storm now have until midnight Sept. 22 to meet their filing obligations without incurring penalties.

Given the devastation of the upper Texas Gulf Coast, a further postponement is likely. We'll let you know when we hear.

When affected taxpayers are able to file, they need to mark paper returns with the words "Hurricane Ike" (red ink is always good). Those who file electronically should check their software to see if it has a "disaster" feature; if so, use it.

Complete disaster/tax announcements can be found at the IRS Web page, Tax Relief in Disaster Salutations.


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Lubna Kably

Hope family and friends are safe.

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