IRS Announcement: Tax Relief for Victims of Colorado Storms

After a week of severe rain storms followed by heavy flooding in Colorado, the IRS announced today that it is providing tax relief to individuals and businesses impacted by the storms.

The tax relief will postpone tax filing and payment deadlines until December 2, 2013.

Businesses who filed for an extension to file their 2012 corporate taxes until September 16 and individuals that received an extension to file their 2012 personal taxes until October 15, will now have until December 2, 2013 to file their taxes.

3rd quarter estimated tax payments which were due today, are also now extended to that date.

How Can I Get an Extension if I’m Impacted?

The IRS will automatically identify taxpayers located in covered disaster areas and will apply automatic filing and payment relief.

Click here to see the IRS announcement.

TurboTaxLisa

Lisa Lewis is a CPA and the TurboTax Blog Editor. Lisa has 15 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. Lisa also has been a TurboTax product user for many years and understands how the software program works. In addition to extensive tax experience, Lisa also has a very well-rounded professional background. She has held positions as a public auditor, controller, and operations manager. Prior to becoming the TurboTax Blog Editor, she was a Technical Writer for the TurboTax Consumer Group and worked on a project to write new FAQs to help customers better understand tax laws. She could also be seen helping TurboTax customers with tax questions during Lifeline. For Lisa, getting timely and accurate information out to customers to help them is paramount.

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