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IRS Grants Extension to Businesses Affected by Winter Storm Stella

IRS Grants Extension to Businesses Affected by Winter Storm Stella

Winter Storm Stella battered the Northeast and Mid-Atlantic, knocking out power, grounding or delaying flights, and worse. As with other natural disasters, the Internal Revenue Service has stepped in to help affected taxpayers.

Many businesses in the storm’s sights are being granted a six-month extension. This relief helps business taxpayers who otherwise would have needed to file S-Corporation and partnership returns by the March 15 deadline.

Taxpayers claiming the extension will need to fill out and submit Form 7004 before March 20, 2017. Those who are filing a paper form should write “Winter Storm Stella” on extension request.

Ryan Norton

Whether designing superheroes, penciling caricatures, or just doodling, I always knew I was going to earn some sort of art degree while in college. That was my goal before I decided to trade Edgar Degas for Edgar Allan Poe during a Freshman English class. The BA in English soon morphed into a double-major in English and Philosophy, eventually becoming an MA in English. It only makes sense that I learned of a writing opportunity for a local marketing firm while teaching a first-year college English course. Before I knew it, I was writing and editing tax-related articles for Taxing Subjects, and this has been my home since 2014.

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