NY Taxpayers Receive Extension of Time to File Returns and Pay Taxes
Due to severe storms and flooding in New York on August 8, 2009, President Barack Obama declared the following counties a federal disaster area: Cattaraugus, Chautauqua and Erie. Therefore, the Internal Revenue Service (IRS) announced recently that it will waive failure to deposit penalties for employment and excise taxes due after August 7, 2009 and before August 25, 2009 as long as the deposits were made by August 24, 2009. In addition, affected taxpayers will have until October 7, 2009 to file most tax returns. Contact Vision Payroll if you were affected by the severe storms and flooding and need further information on the relief provided by the IRS.
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