Jan 7, 2013 12:00 PM
The Internal Revenue Service provided tax relief to individuals and businesses affected by Hurricane Isaac on September 5, 2012.
Following disaster declarations for individual assistance issued by the Federal Emergency Management Agency, the IRS announced that affected taxpayers in Louisiana and Mississippi would receive tax relief, based on damage assessments by FEMA.
The tax relief postponed various tax filing and payment deadlines that occurred on or after Aug. 26. As a result, affected individuals and businesses have until Jan. 11, 2013 to file these returns and pay any taxes due. This includes corporations and businesses that previously obtained an extension until Sept. 17, 2012, to file their 2011 returns and individuals and businesses that received a similar extension until Oct. 15. It also includes the estimated tax payment for the third quarter of 2012, normally due Sept. 17.
For more information and to see the list of impacted parishes and counties, see the full news release at this link: http://www.irs.gov/uac/IRS-Provides-Tax-Relief-to-Victims-of-Hurricane-Isaac-Return-filing-and-Tax-Payment-Deadline-Extended-to-Jan-11-2013