The IRS has announced administrative relief for taxpayers affected by Hurricane Milton in Florida. This relief postpones the deadlines for most income tax returns, income tax payments and other actions until May 1, 2025. This includes all time-sensitive actions listed in Section 7508A, Treas. Reg. Sec. 301.7508A-1(c)(1) and Rev. Proc. 2018-58 for affected taxpayers beginning on Oct. 5 (for areas not previously affected by Hurricanes Debby and Helene) and Aug. 1 (for areas previously impacted by Debby but not Helene). This includes but is not limited to:
- Corporate and individual extended income tax returns due Oct. 15 (there is no postponement for extension payments originally due April 15, 2024)
- Extended Forms 990 due Nov. 15
- Quarterly estimated tax payments due Jan. 15, 2025, and April 15, 2025
- Quarterly payroll and excise tax returns normally due on Oct. 31, 2024, Jan. 31, 2025, and April 30, 2025
Eligibility
The relief applies across the following areas of Florida:
- Counties not previously qualified for filing relief: Broward, Indian River, Martin, Miami-Dade, Palm Beach and St. Lucie. For these counties, the relief window begins Oct. 5
- Counties previously qualified for filing relief under Debby, but not Helene: Baker, Brevard, Clay, DeSoto, Duval, Flagler, Glades, Hardee, Hendry, Highlands, Lake, Nassau, Okeechobee, Orange, Osceola, Polk, Putnam, Seminole, St. Johns and Volusia countries
Between this new list and the filing relief granted to localities affected by Helene, affected taxpayers with valid previous extensions in all of Florida now have until May 1, 2025, to file various individual and business tax returns or may payments. See our story on relief available for those affected by Hurricane Helene.
Obtaining relief
According to the IRS, taxpayers located within federally declared disaster areas are automatically identified and granted filing and payment relief. The IRS uses the ZIP Code from the taxpayer’s prior-year filing to make automatic determinations for relief eligibility.
Taxpayers outside the disaster area are not automatically granted relief, even if their records or certified public accountant (CPA) are in the affected zone. If this is the case, taxpayers or their representatives should contact the IRS Disaster Assistance Hotline at (866) 562-5227 to request relief.
SALT relief
Please note the IRS relief does not guarantee that states and localities will provide the same administrative relief. While many have announced administrative relief to affected taxpayers and preparers for state tax purposes, such action is not always consistent with the federal relief provided, particularly with respect to transactional (i.e. non-income based) taxes. Please collaborate with SALT personnel to ensure that all state and local tax filing and payment obligations for taxpayers affected by this disaster are satisfied in a timely manner.
Next steps
Taxpayers that may not be able to meet required deadlines due to the above emergencies should assess whether they qualify for relief and take steps to ensure they qualify.
Contact:
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