Hurricane Irma Relief

| 9/14/2017


The IRS has announced relief programs for taxpayers in counties affected by Hurricane Irma and has published a list of counties currently eligible.

IRS Relief

The IRS relief postpones deadlines that occur starting on Sept. 4, 2017, in Florida and Sept. 5, 2017, in Puerto Rico and the Virgin Islands and running through Jan. 31, 2018, for eligible taxpayers. The postponed deadlines include, but are not limited to:

  • Business tax filers with valid extensions through Sept. 15, 2017
  • Individual and business tax filers with valid extensions through Oct. 16, 2017
  • Quarterly estimated payments due Sept. 15, 2017, and Jan. 16, 2018
  • Quarterly payroll and excise tax returns due Oct. 31, 2017

In addition, the IRS is providing the following relief:

  • Late-deposit penalties are waived for federal payroll and excise tax deposits normally due on or during the first 15 days of the disaster period.
  • Retirement plans can make hardship distributions and loans to eligible taxpayers.
    • Loan proceeds generally are tax free if repaid over a period of five years or less.
    • Hardship distributions generally are taxable and subject to a 10 percent early withdrawal tax.

When processing returns, the IRS should automatically provide penalty relief for eligible taxpayers. Eligible taxpayers that receive a late-filing penalty notice should contact the number on the notice to request relief. Taxpayers that live or are located outside the disaster area but are affected because their records are located in the disaster area should contact the IRS if they need to request relief from filing deadlines. Complete information on all IRS relief programs can be found on the IRS website.

The Florida Department of Revenue has not announced any taxpayer relief, although it is expected that it will do so.

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Howard Wagner - social
Howard Wagner
Partner, National Tax Services
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John P. Eardley
Managing Director