IRS Announces Tax Relief for Victims of Hurricane Irma
Owing money to the IRS can be very stressful. But it is, even more, nerve-wracking after going through a hurricane. Most people in Fort Lauderdale have just recently regained power. But there are still many others who have suffered damage to their property or still living without electricity. As countless of people in Florida try to get their lives back together in the aftermath of Hurricane Irma, the IRS has announced it has extended its deadline for storm victims to file their taxes until January 31. The announcement brings welcomed relief for those who had valid extensions expiring on October 16 or businesses with extensions that ran out this past September 15. The new extensions apply to residents who live in any area designated the Federal Emergency Management Agency (FEMA).
Who is Eligible and Not Eligible?
Many people are intimidated by the letters “IRS”. Some even avoid going to their mailboxes completely. Although the IRS has a reputation as one of the world’s most aggressive collections agencies, it is important to understand the government agency is not interested in placing people in financial ruin. It simply wants only the money you owe. To be eligible for the Hurricane Irma tax deadline extension, you must fit the following criteria:
- Individual taxpayers making quarterly estimated tax payments which were due January 16, 2018
- Businesses with 2016 tax extensions that expired September 15
- Anyone with 2016 tax filing extensions that expire on October 16
- Calendar year tax exempt 2016 extensions scheduled to expire November 15
However, not everyone is eligible. For example, if you owe the IRS any payments for 2016 that were originally due back on April 18, you will not receive an extension. If you live outside of one of Florida’s affected areas and have financial records needed to make a deadline, please contact the IRS. The IRS also urges any Irma relief government workers or recognized charitable organizations to contact them immediately.
Why You Need a Tax Attorney
But not everybody’s tax situation is the same. Many have accumulated overwhelming tax debt that requires professional legal assistance. The first step is to seek help from an experienced and knowledgeable Fort Lauderdale tax attorney. It can often make the difference between resolving your tax problems or facing significant penalties, such as a wage garnishment, bank levy or an IRS tax lien.
Fort Lauderdale Tax Attorney Ira Zuckerman Can Help
Florida tax law can get extremely complicated. If you owe thousands of dollar in back taxes, it is important to have a legal professional who will look out for your best interests. For more than 30 years, Ira Zuckerman has helped countless people throughout South Florida resolve some of the most complex tax problems. He utilizes an aggressive and comprehensive approach to help place each client in the best position to succeed. If you are also dealing with problems related to Hurricane Irma, he and his legal staff at Zuckerman Law, LLC can help. To learn more, contact their Fort Lauderdale law office today and schedule a free initial consultation to discuss your case.