IRS extends deadline for storm-hit taxpayers

Hurricane Sandy sweeps Atlantic City, N.J., on October 29, 2012 Mario Tama/Getty Images

WASHINGTON The IRS is giving taxpayers and tax preparers hit by Hurricane Sandy an extra week to file returns and make payments.

The tax agency says the relief will apply mainly to businesses in the storm-impacted Northeast and Mid-Atlantic states whose payroll and excise tax returns and payments are normally due on Wednesday. The deadline will be extended until Nov. 7. No action is required by the taxpayer to obtain the extension.

The IRS says additional filing and payment relief will be granted as the Federal Emergency Management Agency makes further disaster declarations. Details can be found on the Tax Relief in Disaster Situations page of IRS.gov.

Comments

CBSN Live

pop-out
Live Video

Market Data

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

Market News

Stock Watchlist