Hopefully, taxpayers who received filing extensions have marked their calendars. The IRS’s next key deadline will be October 15, 2024. However, it will not be the final crucial date in 2024.
Remember to file your 2023 tax return by October 15, 2024 if you sought a tax filing extension or received it automatically. There’s no reason to wait until October 15 to file. Get rid of this burden by filing now.
IRS Automatic Filing Extension
Some states and territories in the United States may have qualified for a filing extension due to a natural disaster. If you are affected by a storm, hurricane, flood, or wildfire, visit the Internal Revenue Service’s official webpage at https://www.irs.gov/newsroom/tax-relief-in-disaster-situations.
There, you will learn whether your location qualifies for a filing extension or tax relief. Any assistance when your home or things are lost is greatly appreciated.
Although the taxes were due to the Internal Revenue Service by April 15, 2024, several individuals have yet to pay them. As a result, they should do so before accruing interest and penalties on their loan.
Various IRS deadlines in Connecticut and New York have been postponed till February 3, 2025
On September 10, 2024, the IRS issued another critical news for taxpayers in Connecticut and New York. New York and Connecticut will offer tax relief to both corporations and individuals.
Severe storms, flooding, torrential rains, landslides, and mudslides have all hit parts of New York and Connecticut recently. The IRS asserts that these affected locations have until February 3, 2025 to file and pay federal individual and corporate tax returns.
So, if you live in Suffolk County, New York, or Fairfield, Litchfield, or New Haven County, Connecticut, you may be eligible for tax relief. For your information, it is vital to keep up with the most recent Internal Revenue Service modifications because more places may qualify.