Hopefully, taxpayers who got a filing extension have marked their calendars. The next important deadline the IRS set will be October 15, 2024. However, it will not be the last key date in 2024.
If you requested a tax filing extension or you got it automatically, do not forget to file your 2023 tax return before October 15, 2024. There is no need to wait until October 15 to file. Get rid of this burden and file now.
IRS automatic filing extension
Some States and U.S. territories may have qualified for a filing extension due to a natural disaster. If you suffer the consequences of a storm, hurricane, flood, or wildfire, check the Internal Revenue Service official website: https://www.irs.gov/newsroom/tax-relief-in-disaster-situations.
There, you will find out if the area where you live qualifies you for a filing extension or for tax relief. Any help when your house or belongings have been lost will definitely come in handy.
Although it was necessary to pay the taxes to the Internal Revenue Service by April 15, 2024, some taxpayers have not made those payments yet. Therefore, they should do so before interest and penalties increase their debt.
Various IRS deadlines postponed to February 3, 2025, in Connecticut and New York
As of September 10, 2024, the IRS has made another important announcement for taxpayers in Connecticut and New York. Tax relief for both businesses and individuals will be available in New York and Connecticut.
Parts of New York and Connecticut have been affected by severe storms, flooding, torrential rainfalls, landslides, or mudslides. The IRS claims that these affected areas have until Feb 3, 2025 to file various federal individual and business tax returns and make payments.
So, if you live in Suffolk County New York and Fairfield, Litchfield, and New Haven counties in Connecticut, you may qualify for tax relief. For your information, it is necessary to catch up with the latest Internal Revenue Service updates since more places may qualify, check it at:
https://www.irs.gov/newsroom/irs-provides-relief-to-victims-of-severe-storms-and-flooding-in-connecticut-and-new-york-various-deadlines-postponed-to-feb-3-2025#:~:text=These%20taxpayers%20now%20have%20until,returns%20and%20make%20tax%20payments.