Victims of Imelda Storm Get More Time To File
A couple of days ago, on October 7th, IRS announced it is offering relief for victims of the tropical storm Imelda. The storm caused devastating flooding in southeast Texas.
The relief postpones the filing and payment requirements that occurred starting September 17th. The new deadline is January 31, 2020.
Thus taxpayers in Harris County, Montgomery County and several others (for complete list click here) that filed for an extension of time to file their individual returns, now have until January 31, 2020.
You must be careful, as the relief doesn’t provide more time to pay the tax due. The amounts due will still accrue interest and late payment penalties. If you think you might owe, but you need more time to file, it is best to make a payment toward 2018 taxes as soon as possible, as to minimize penalties and interest. You can pay online on the IRS website.
If you need help with 2018 tax return preparation give us a call or schedule an appointment online.