Victims of the severe storms, tornadoes, straight-line winds and flooding that took place beginning on May 4, 2015 in parts of Texas may qualify for tax relief from the Internal Revenue Service.
Following recent disaster declarations for individual assistance issued by the Federal Emergency Management Agency, the IRS announced that affected taxpayers in Texas will receive tax relief.
The declaration permits the IRS to postpone certain deadlines for taxpayers who reside or have a business in the disaster area.
Please see the complete article for more information on the Covered Disaster Area, Affected Taxpayers, Grant of Relief, Casualty Losses and Other Relief.
We are so sorry if you have experienced any loss due to the storms. Please feel free to give us a call we will be happy to assist you or answer any questions about this new declaration or any other tax matters. We appreciate your business.
Provided by: Reimer, McGuinness and Associates, Inc.
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