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The Internal Revenue Service has announced special tax relief for New Hampshire taxpayers in the Presidential Disaster Area that was struck by severe storms and flooding October 7-18, 2005. The disaster area consists of five counties: Cheshire, Grafton, Hillsborough, Merrimack and Sullivan. Affected taxpayers will need to identify themselves to the IRS as victims by writing "Storms and Floods - NH" in red ink at the top of their tax forms or any other documents filed with the IRS.
Deadlines for affected taxpayers to file returns, pay taxes and perform other time-sensitive acts falling on or after October 7, 2005, and on or before December 27, 2005, have been postponed to December 27, 2005. The IRS will also waive the failure to deposit penalty for employment and excise deposits due before November 1, 2005, as long as the deposits are made by that date.
Eligible taxpayers include individuals who live, and businesses whose principal place of business is located, in the covered disaster area. Taxpayers not in the covered disaster area, but whose books, records, or tax professionals' offices are in the covered disaster area, are also entitled to relief. In addition, all relief workers affiliated with a recognized government or philanthropic organization assisting in the relief activities in the covered disaster area are eligible for relief.
...back to 17 November 2005
Further information:
IRS Grants Tax Relief for New Hampshire Storm Victims
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For Payroll and Human Resource Professionals
