We would like to take a moment and think about the people in Boston affected by the Marathon bombing on April 15, 2013.
The IRS made this announcement following the explosion:
“Our hearts go out to those affected by the terrible tragedy. Boston-area taxpayers need time to finish their tax returns without worry. The IRS will be providing individual tax filing and payment extensions.”
The IRS later on reported that it would give Boston taxpayers and others affected by the explosion a three month tax filing and payment extension. The relief will include all individual taxpayers that live in Suffolk County, Massachusetts. It will also include the victims of the bombing, their families, the first responders, and any tax preparers affected.
The new relief will give these people until July 15, 2103 to file their 2012 returns and pay any taxes that were due on April 15, 2013. The IRS states that no payment and filing penalties will occur as long as the taxes are filed and paid on July 15, 2013.
Those living in Suffolk County do not need to do anything. The IRS is automatically providing the extension to these people. However, other individuals who were affected by the bombing will need to call this number 1.866.562.5227 starting Tuesday, April 23rd. Eligible filers who receive penalty notices can also call this number to have the penalties abated.
If any of these eligible taxpayers need further time they may be granted until October 15, 2013 to file their returns. They will need to file Form 4868 by July 15, 2013.
For further tax updates please go to www.professionaltaxresolution.comor call us at 877.889.6527 for all of your tax needs.
