IRS postpones deadline again
A charitable bequest can escape taxation. Credit: iStock
The IRS is again extending some tax deadlines for businesses and individuals affected by superstorm Sandy.
Those businesses whose payroll and excise tax returns and payments came due starting Oct. 31, now have until Feb. 1 to file them. An earlier extension set a Nov. 7 deadline.
The new deadline also includes fourth-quarter individual estimated tax payments, which would have been due on Jan. 15.
“The IRS automatically provides this relief to any taxpayer located in the disaster area,” the agency said in a statement. “Taxpayers need not contact the IRS to get this relief.”
The temporary reprieve applies to: Nassau, Suffolk, New York, Bronx, Kings, Queens, Richmond, Rockland and Westchester counties.
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Too many rainy weekends? ... LI Works: Making Countertops ... LEGO at Old Westbury Gardens ... Previewing the Knicks in the NBA Finals ... Get the latest news and more great videos at NewsdayTV
