Drake Software blog for tax pros, covering tax, IRS news, and more

Tax Relief Coming for Taxpayers Affected by Hurricane Michael

Deadlines Extended for Victims of Hurricane Michael in Florida and Georgia

According to NOAA, we are well into the worst part of hurricane season—a fact punctuated by two significant storms making landfall less than one month apart. While emergency workers brave treacherous conditions to restore shattered communities, other state and federal agencies help the recovery effort in other ways. When catastrophic weather events like Hurricane Michael bowl through communities, the Internal Revenue Service provides tax relief to affected taxpayers and businesses.

The IRS last Friday announced tax relief for Florida taxpayers residing in federally declared disaster areas, pushing back several individual and business deadlines—like the October 15 extension deadline and October 31 Form 720 tax deadline—to February 28, 2019. This morning, that tax relief was expanded to include parts of Georgia.

Whether you’re directly affected by the storm or have clients who live in declared areas, the IRS has compiled a number of tax-relief resources. The Friday press release included links to Publication 547, DisasterAssistance.gov, and the IRS.govTax Relief in Disaster Situations” webpage, which aggregates information for recent events, like Hurricanes Michael, Florence, Irma, Maria, and even Harvey, as well as the California wildfires.

In the Friday press release, the IRS stressed that tax relief is automatic for taxpayers living in a disaster area, but noted that “an affected taxpayer [who] receives a late filing or late payment penalty notice … should call the number on the notice to have the penalty abated.” Below are the counties in Florida and Georgia listed as designated disaster areas:

Florida

  • Bay
  • Calhoun
  • Franklin
  • Gadsden
  • Gulf
  • Hamilton
  • Holmes
  • Jackson
  • Jefferson
  • Leon
  • Liberty
  • Madison
  • Suwannee
  • Taylor
  • Wakulla
  • Washington

Georgia

  • Baker
  • Bleckley
  • Burke
  • Calhoun
  • Colquitt
  • Crisp
  • Decatur
  • Dodge
  • Dooly
  • Dougherty
  • Early
  • Emanuel
  • Grady
  • Houston
  • Jefferson
  • Jenkins
  • Johnson
  • Laurens
  • Lee
  • Macon
  • Miller
  • Mitchell
  • Pulaski
  • Seminole
  • Sumter
  • Terrell
  • Thomas
  • Treutlen
  • Turner
  • Wilcox
  • Worth

The list of counties receiving tax relief could grow: the IRS has updated the “Tax Relief for Victims of Hurricane Michael in Florida” page twice since publishing FL-2018-04 on October 12.

Sources: IR-2018-199, FL-2018-04, and GA-2018-04

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.

comments powered by Disqus