The Internal Revenue Service (IRS) has announced tax relief for individuals and businesses in Texas affected by severe storms, straight-line winds, tornadoes, and flooding that began on April 26, 2024. Taxpayers now have until Nov 1, 2024... Read more: https://zurl.co/mBVw
ABIP CPAs & Advisors’ Post
More Relevant Posts
-
📢The IRS has granted extended deadlines for individuals and businesses in Connecticut impacted by the recent severe storms, flooding, landslides, and mudslides that began August 18, 2024. These taxpayers now have until February 3, 2025, to file their federal tax returns and make payments. Stay informed and read more here: https://hubs.li/Q02Py_rQ0
To view or add a comment, sign in
-
Were you recently affected by the crazy storms here in Texas? The IRS has announced tax relief for Texans affected by severe storms, straight-line winds, tornadoes, and flooding. This relief includes extended deadlines for filling and paying taxes. Don’t miss out on these important provisions designed to help you recover. For detailed information, check the IRS article here: https://bit.ly/3xgjyK5 . Stay safe and take care! #TirasWealthManagement #TirasWealth #Ameriprise #IRSTaxRelief #TexasStorms #NaturalDisasters #StayInformed
To view or add a comment, sign in
-
Questions about Michigan's state tax relief in response to IRS tax relief for individuals and businesses impacted by August 2023 storms, tornadoes and flooding? Visit this link from MI Treasury.https://buff.ly/4d5Qoh4
To view or add a comment, sign in
-
Professional Services Marketing Strategist | Creative Problem Solver & Team Leader | Storyteller | Client Engagement Focus | Brand Builder
The IRS has extended tax deadlines for California taxpayers impacted by the San Diego storms and floods. Find out if you are eligible for these tax filing and payment deadline extensions and how to claim disaster-related casualty losses. https://okt.to/sXlgUt
To view or add a comment, sign in
-
Attention CT Residents: IRS announces extended tax deadlines to February 3, 2025, for Connecticut residents and businesses affected by the August 2024 storms and flooding. Read more about the tax relief announcement below! #ConnecticutTaxRelief #TaxExtension #IRSUpdates
Attention Connecticut Residents: IRS Extends Tax Deadlines for CT Storm Victims If your business or household was impacted by the severe storms, flooding, and mudslides in Connecticut this August, the IRS has extended key tax deadlines to February 3, 2025. This applies to individuals and businesses in Fairfield, Litchfield, and New Haven counties. Don’t let tax deadlines add to the stress—our team of experienced CPAs is here to help you navigate these changes and ensure your filings are compliant: https://shorturl.at/MuAJd #CTTaxRelief #IRSUpdates #TaxDeadlineExtension #CTDisasterRelief #StormRelief
To view or add a comment, sign in
-
🚨 Important Tax Relief Update for Kentucky Storm Victims 🌪️ The IRS has announced tax relief measures for individuals and businesses affected by the severe storms and flooding in Kentucky from July 26 to July 31, 2023. 🗓️ Key Dates: - Filing and payment deadlines extended to January 31, 2024 - Automatic extensions for those with due dates between July 26, 2023, and January 31, 2024 💸 Penalties and Interest: - No late-filing or late-payment penalties - Interest and penalties waived on late-filed returns and payments 📞 Additional Relief: Contact the IRS if unable to file by the extended deadline Stay informed and help your clients navigate these relief measures during this challenging time. #TaxRelief #KentuckyStorms #TaxDeadlines #IRSUpdates #TaxPro Get the latest TaxPro news via email: https://lnkd.in/enfg4BuU -------- Earn your Enrolled Agent designation - https://lnkd.in/e65yEXgW -------- Source: https://lnkd.in/eU6UvHwm
IRS Relief for Kentucky Storm Victims: Stormy Tax Season Ahead
To view or add a comment, sign in
-
This year, many Americans have been victimized by wildfires, severe storms, flooding, tornadoes and other disasters. Unexpected disasters may cause damage to your home or personal property. The rules for deducting personal casualty losses on a tax return changed from 2018 through 2025. Specifically, taxpayers generally can’t deduct losses unless an event qualifies as a federally declared disaster. (The rules for business or income-producing property are different.) Another factor that now makes it harder to claim a write-off is that you must itemize deductions. Through 2025, fewer people will itemize because the standard deduction amounts have increased. Need help? Contact us. https://bit.ly/2NMIz4g
To view or add a comment, sign in
-
Clackamas Counry residents could be eligible for property tax relief due to damage or destruction caused by winter storms. Link to the Clackamas County Assessors notice can be found here: https://lnkd.in/g6ANG-b4 Share this post to spread the word to those impacted by the storms! #clackamascounty #propertytaxes #realestate #windermererealtytrust #windermere #AllInForYou
To view or add a comment, sign in
-
This year, many Americans have been victimized by wildfires, severe storms, flooding, tornadoes and other disasters. Unexpected disasters may cause damage to your home or personal property. The rules for deducting personal casualty losses on a tax return changed from 2018 through 2025. Specifically, taxpayers generally can’t deduct losses unless an event qualifies as a federally declared disaster. (The rules for business or income-producing property are different.) Another factor that now makes it harder to claim a write-off is that you must itemize deductions. Through 2025, fewer people will itemize because the standard deduction amounts have increased. Need help? Contact an Axley & Rode advisor. Learn more on our blog: https://bit.ly/47bkcp0
To view or add a comment, sign in
-
Important Tax Reminder for Disaster Victims! The IRS has issued a timely reminder to individuals and businesses affected by disasters in Arkansas, Colorado, and Texas. If you're in one of these states and have been granted an extension, don't forget that: July 15th is the filing and payment deadline for taxpayers with extensions Other states have deadlines later this summer, so be sure to check the IRS website for specific dates and details. Disaster victims should also be aware of the following: You may be eligible for tax relief, such as an extension of time to file or pay taxes You may need to file Form 4684, Casualties and Thefts, to report losses Keep accurate records of your losses and expenses related to the disaster Stay informed, stay ahead! Visit the IRS website or consult with a tax professional to ensure you're meeting the necessary deadlines and taking advantage of available tax relief. #taxreminders #disastervictims #irs #taxdeadlines #taxrelief"
To view or add a comment, sign in
4,006 followers