Tag Archive for: tax relief

WXC Corporation Doral Miami
,

Florida storm victims qualify for tax relief; April 18 deadline, other dates extended to Aug. 15

WASHINGTON — Florida storm victims now have until Aug. 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. The IRS is offering relief to any area designated…
WXC Corporation Doral Miami
,

IRS: Hurricane Ian victims in Florida qualify for tax relief

WASHINGTON — Hurricane Ian victims throughout Florida now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. The IRS is offering…
WXC Corporation Miami Doral
,

COVID tax relief: IRS provides broad-based penalty relief

WASHINGTON — To help struggling taxpayers affected by the COVID-19 pandemic, the Internal Revenue Service today issued Notice 2022-36PDF, which provides penalty relief to most people and businesses who file certain 2019 or 2020 returns late. The…
WXC Corporation Miami Doral
,

More Economic Impact Payments set for disbursement in coming days

WASHINGTON – The Internal Revenue Service announced today that the next batch of Economic Impact Payments will be issued to taxpayers this week, with many of these coming by paper check or prepaid debit card. For taxpayers receiving direct…
WXC Corporation Doral Miami
,

IRS extends April 15 and other upcoming deadlines for victims of Texas winter storms

WASHINGTON – Victims of this month’s winter storms in Texas will have until June 15, 2021, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. Following The recent disaster…
WXC Corporation Miami
,

IRS grants additional relief for rehabilitation credit deadlines

WASHINGTON — Because of the burdens the COVID-19 pandemic has placed on taxpayers claiming the rehabilitation credit, the Internal Revenue Service today issued Notice 2020-58 (PDF) that provides additional relief to taxpayers in satisfying…
WXC Corporation Miami
,

IRS: New law provides relief for eligible taxpayers

WASHINGTON — The Internal Revenue Service provided a reminder today that the Coronavirus Aid, Relief, and Economic Security (CARES) Act can help eligible taxpayers in need by providing favorable tax treatment for withdrawals from retirement…

An extension to file is not an extension to pay taxes

For most taxpayers the filing and payment deadline was postponed July 15. Those who need more time to file beyond the postponed date, can request an extension to file. Taxpayers must request an extension to file by July 15. This gives them…