If Hurricane Helene has impacted your business, there’s crucial news from the IRS. On October 1, 2024, they issued Notice 2024-253, extending tax filing and payment deadlines to May 1, 2025, for areas affected by Hurricane Helene, as designated by FEMA. This includes Alabama, Georgia, North Carolina, South Carolina, parts of Florida, Tennessee, and Virginia.
Key Details:
- Extended Deadlines: Tax filings and payments due from late September 2024 are now extended.
- Applicable Taxes: Includes 2024 returns and estimated tax payments for January and April 2025.
- Exclusions: District sales/use tax and withholding are not covered.
Ensure “Hurricane Helene” is noted on your filings to leverage this relief.
For more information, click here.