Updates

Tax relief for victims of winter storms




Today the IRS announced that victims of the winter storms in Texas will have until June 15, 2021, to file various individual and business tax returns and make tax payments.

The IRS disaster relief page has details on returns, payments and tax-related actions qualifying for the additional time as well as the specific locations of relief.

The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. Thus, taxpayers need not contact the IRS to get this relief. However, if an affected taxpayer receives a late filing or late payment penalty notice from the IRS that has an original or extended filing payment or deposit due date falling within the postponement period, the taxpayer should call the number on the notice to have the penalty abated.

In addition, the IRS will work with any taxpayer who lives outside the disaster area but whose records necessary to meet a deadline occurring during the postponement period are located in the affected area.