Monday, May 17, 2010
IRS Tax Relief In Declared Disaster Areas
KENTUCKY...
Victims of severe storms, flooding, mudslides and tornadoes beginning May 1 in Kentucky may qualify for tax relief from the Internal Revenue Service. President Barack Obama has declared Casey, Lewis, Lincoln, Logan, Metcalfe, Rockcastle, Rowan and Woodford counties federal disaster areas qualifying for individual assistance. As a result, the IRS is postponing until June 30 certain deadlines for taxpayers who reside or have a business in the disaster area. IRS computer systems automatically identify taxpayers located in the covered disaster area and apply automatic filing and payment relief. Affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 1-866-562-5227 to request tax relief.
Victims of severe storms, flooding, mudslides and tornadoes beginning May 1 in Kentucky may qualify for tax relief from the Internal Revenue Service. President Barack Obama has declared Casey, Lewis, Lincoln, Logan, Metcalfe, Rockcastle, Rowan and Woodford counties federal disaster areas qualifying for individual assistance. As a result, the IRS is postponing until June 30 certain deadlines for taxpayers who reside or have a business in the disaster area. IRS computer systems automatically identify taxpayers located in the covered disaster area and apply automatic filing and payment relief. Affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 1-866-562-5227 to request tax relief.