The Internal Revenue Service (IRS) announced on Tuesday, April 26 that victims of the deadly floods that took place on April 18, 2016 will have until September 1st to file their tax returns and make tax payments. Individuals who have homes or businesses in Fayette, Grimes, Harris and Parker Counties may qualify for the extension relief under Treas. Reg Sec. 301.7508A-1(d)2.
This extension includes 2015 income tax returns that were due April 18, the April 18 and June 15 deadlines for quarterly tax payments, along with a variety of business tax deadlines. The IRS will also waive late-deposit penalties for federal payroll and excise tax deposits if they are made by May 2, 2016.
The IRS will automatically apply the tax relief to those living in the above counties, but if you reside or have a business in a county outside of these and you were still affected by the floods, please call the IRS disaster hotline at 866-562-5227.
For more information, please visit the IRS webpage where they detail the extension and relief guidelines here.