Disaster Feed

UPDATED, Monday, April. 10, 2023: This year has gotten off to a terrible start as far as major natural disasters. Residents of several states have been impacted, with the Internal Revenue Service offering tax relief, including extended filing and payment deadlines. If you're ever in a disaster area, be sure to take full advantage of tax and other federal government relief offered. Here are some of Uncle Sam's resources beyond the IRS that can help you get your life back on track. The U.S. and British Virgin Islands took a whacking today from Hurricane Dorian, which struck the Caribbean islands... Read more →


It’s not even officially summer yet, and already taxes are intruding on seasonal fun for taxpayers across the United States. Specifically, June 17 is Tax Day for individuals who are in one of three special categories. Since that’s less than a week away, they need to get to work now so they meet the fast approaching deadline. In most cases, missing it will mean owing even more to Uncle Sam thanks to tax penalties and inters that will be added to any tax due next Monday. Estimated taxes: Millions of taxpayers make estimated tax payments every year on income that’s... Read more →


Florida residents are getting some tax breaks on items to help them prepare for the 2024 Atlantic hurricane season, which started this week and forecast to be the most active ever. The Sunshine State’s first of two disaster preparedness sales tax holidays began on June 1, the official start of the annual hurricane season. It runs through Friday, June 14. Florida’s second emergency preparation sales tax event will be Aug. 24 through Sept. 6, aligning with the time of year when the tropical season tends to increase. Long history of strong storms: Florida individuals and businesses don’t need a reminder... Read more →


June is here! Summer officially arrives in a few weeks. And many of us already are making vacation plans. Great! Have fun. But also make some time this month to deal with tax tasks. Really. Taxes definitely aren’t a day at the beach, but some summer tax moves can help make next year’s filing easier, and potentially less costly. Here are five tax moves to make, or at least consider, this June. 1. Pay your estimated taxes. Millions of us must make these extra tax payments each year. The payments cover income we get that’s not subject to withholding, such... Read more →


The 2024 hurricane season has just begun, but some people are still dealing with disasters from last and earlier this year. Some of them now are facing a June 17 tax filing and payment deadline. Mother Nature has been Mommy Dearest across much of the United States so far this year. Way too many federal announcements and media reports have included the phrase “A historic severe weather outbreak occurred” in 2024, meaning that millions of Americans have found themselves in major disaster areas. And the current hurricane season has just begun! Unfortunately, the disastrous start to this year was a... Read more →


Aug. 29, 2023, Hurricane Idalia targeted the cloud-obscured western coast of Florida, while Hurricane Franklin churned not far behind in the Atlantic Ocean. (National Oceanic and Atmospheric Administration GOES-16 satellite image Thousands are dealing this week with the aftermath of deadly, destructive tornadoes. Others are hunkering down as I type this afternoon in advance of more forecast severe storms. And the 2024 Atlantic Hurricane Season, which also includes storms that form in or head into the Gulf of Mexico, hasn’t even started. The official start of the annual tropical storm season is Saturday, June 1, and the National Oceanic and... Read more →


The tornado that struck Afton, Iowa, in Union County on April 26, 2024. That county is one of eight that have been declared major disaster areas, meaning residents are eligible for a variety of federal assistance, including tax relief. (Photo by Dean Baron via National Weather Service) Iowans in eight Hawkeye State counties that were struck by severe storms and tornadoes last month now have until Oct. 15 to file various federal individual and business tax returns and make tax payments. This latest Internal Revenue Service disaster relief applies to individuals and households that live or have a business in... Read more →


Some of the March 14 tornado damage in Indian Lake, Logan County, Ohio. (Photo credit: Indian Lake Chamber via Facebook) During the evening of March 14, supercell thunderstorms dropped numerous strong tornadoes across western and central Ohio. By the time things cleared, the deadly twisters also had left trails of destruction across the Buckeye State. The National Weather Service (NWS) confirmed three EF1 twisters, two reaching EF2, and an EF3 across Ohio. The NWS office in Wilmington, just north of Cincinnati, reported a total of 145 miles of combined tornado tracks across the state. Federal Emergency Management Agency’s (FEMA) investigation... Read more →


Unsplash+ in collaboration with Getty Images Tornadoes storms across the United States this year are striking at a record breaking pace. The National Weather Service’s Storm Prediction Center today shows 790 preliminary tornado reports. The historical average at this point in the year is around 550. Here in Texas, more than a million acres in the Panhandle were consumed by the Smokehouse Creek Fire that erupted in February. As spring arrived, the eastern part of the Lone Star State endured devastating floods. And hurricane season doesn’t even officially start until June. All this meteorological anger means that millions of people... Read more →


Drone composite image of the significant damage to structures in downtown Sulphur, Oklahoma. A large part of the small town in south-central Oklahoma was struck by an EF3+ tornado on April 27, 2024. (Photo by Wikiwillz via Wikipedia Commons) The United States’ tornado season used to be in the spring, with most of them occurring in the middle of the country known as Tornado Alley. But things have changed. Or maybe data collection improved. Whatever the reason, tornado-spawning storms are showing up almost year-round, and they’re showing up well beyond the original Tornado Alley boundaries. This year could be one... Read more →


Texas Severe Storms Association photo It’s spring here in Texas, which means storm season. We’ve already seen some recent storms drop large hail across the Lone Star State. Plus, residents along Texas’ 367 miles of Gulf of Mexico shoreline have got to be a bit on edge with forecasters’ already warning of a hyperactive 2024 hurricane season, which officially starts on June 1. Storm analysts at the University of Pennsylvania say we could see 33 named tropical storms this year. So the timing of Texas’ annual emergency preparation supplies sales tax holiday couldn’t be better. Weekend sales tax savings: Texas'... Read more →


Millions of people will be celebrating on Monday, April 15. The arrival of Tax Day means they are done with dealing with the Internal Revenue Service for another year. For many others, however, it's just the beginning of another round of collections. The annual federal filing (and paying) deadline also is the start of the current year's estimated tax payment cycle. Extra payments for certain income: The U.S. tax system is pay as earn. That's taken care via paycheck withholding if you're an employee. But even if you have a job where income (federal and state, if applicable) tax is... Read more →


Natural disasters aren't the only catastrophes that affect taxes. Manmade tragedies also are taken into consideration. The Internal Revenue Service today reminded taxpayers affected by terrorist attacks by Hamas on Israel that began on Oct. 7, 2023, that they have until Oct. 7, 2024, to file various federal returns, make tax payments, and take care of other time-sensitive tax-related responsibilities. Who qualifies? The IRS notes that the tax relief is available to any individual whose principal residence is in Israel, the West Bank, or Gaza. The tax relief also extends to any business entity or sole proprietor with a principal... Read more →


Updated Thursday, April 4, 2024 via GIPHY Tax Day is less than two weeks away, but some aren't sweating the April 15 filing deadline. They have more time to complete their tax paperwork and, in some cases, may any associated payments. Here's a look at the special situations where taxpayers have more time to file their federal tax returns. International, including military, taxpayers: When it comes to individual taxes, the tax code doesn't care where you live. If you're a U.S. citizen or resident alien, including those with dual citizenship, you must pay tax to Uncle Sam even if you're... Read more →


The Nov. 20, 2023, landslide near Wrangell, Alaska. (Image courtesy Alaska Department of Transportation and Public Facilities) Residents of Hawai'ian counties that were devastated by wildfires in 2023 got a bit a good news from the Internal Revenue Service last week. The tax agency now is giving them until Aug. 7 to complete some tax filing and payment tasks. Tribal Alaskans who sustained damages from severe storm-induced land- and mudslides also get more tax time. Their new tax deadline is July 15. As is the usual procedure, the IRS tax relief decisions follow official declarations by the Federal Emergency Management... Read more →


Photo by Caleb Cook on Unsplash Back in February in posting about tax relief for Maine residents who endured flooding, I predicted that some Californians would be joining the growing group of storm-struck areas granted more time to file 2023 returns. That wasn't a bold prediction. I've been weather and tax watching for decades, so I was confident in my tax forecast, which was correct. But some southern Californians who were hit by the recent historic rains aren't the only ones for whom the IRS has granted tax relief and a new June 17 tax filing and payment deadline. Some... Read more →


Photo by Chandler Cruttenden on Unsplash Last August, parts of Michigan were struck by severe storms, tornadoes, and flooding, prompting the Federal Emergency Management Agency (FEMA) to issue this month a major disaster declaration for nine counties. The Internal Revenue Service subsequently announced tax relief for those individual residents and business owners. One of the tax considerations is a new June 17 filing and payment deadline for the affected Michigan taxpayers. The Great Lakes State is the sixth to be granted the new mid-June Tax Day due to disasters. Some Michigan residents join those who were ill-treated by Mother Nature... Read more →


Muddy tracks photo by Sean Foster on Unsplash June 17 is becoming the new Tax Day for many taxpayers. Unfortunately for them, the two additional months are because they live in areas hit by major disasters. West Virginia taxpayers are the latest to join this unwelcome club. Other states where individual and business tax filers have a disaster-related June 17 deadline are Connecticut, Maine, Rhode Island, and Tennessee. In West Virginia, the Internal Revenue Service has announced tax relief for Mountain State taxpayers in Boone, Calhoun, Clay, Harrison, and Kanawha counties. Those five WV counties sustained damages from severe storms,... Read more →


Maine taxpayers join those in Connecticut, Tennessee, and Rhode Island disaster areas for whom Tax Day now is a mid-summer event. Maine road washed away after last December's severe storms. (Photo courtesy Maine Governor's Office via Facebook) Much of California is overrun today by an atmospheric river unleashing heavy rain and wind. Judging from the images of the damages, the Federal Emergency Management Agency (FEMA) likely will eventually declare the hardest hit areas as major disasters. The Internal Revenue Service then will follow, granting tax relief to those in the designated locales. But that's a bit down the flooded California... Read more →


Most states hold sales tax holidays in late summer, pegging he events to the resumption of the school year. But there are a few tax holiday over-achievers. They supplement their back-to-school tax-free events with additional sales tax savings. The standard bearer of late has been Florida. The Sunshine State in 2022 and 2023 enacted a variety of tax holidays, some of which extended into this year. Florida also kicked off 2024 with a semester break back-to-school tax holiday in January. Other states' special shopping events will include no taxes on emergency supplies, energy efficient products, food, and even firearm-related purchases.... Read more →


Hello, February. Even though it's the second month of the year, it's the first full month of the annual tax-filing season. So if you're just now starting to focus on filing your return, don't feel bad or alone. A lot of us are right there with you. Since February is the shortest month, even with this year's extra Leap Year day, I'll keep the monthly tax moves list brief, too. Here are four tax moves to consider in the next 29 days. 1. Keep an eye out for tax statements. Yesterday, Jan. 31, was the day that employers were supposed... Read more →