| Search by tag or site | Login to my blog ? Start my own blog |
![]() |
Don't Mess With TaxesTaxes. Sure you hate 'em, but you're stuck with 'em. Either that, or you're stuck in a federal jail cell. We'll make your tax tasks less, well, taxing, and help cure your personal finance ills with regular dosesof money news, notices, tips, commentary, insight and humor, courtesy of Texas journalist Kay Bell. |
Extended Extension For Some ne Storm Victims
Today, April 26, at midnight is the deadline for many northeastern taxpayers who suffered through the severe storms and flooding on April 14 through 18.
However, some taxpayers in the hardest hit areas are getting even more time.
The The IRS announced today that New York state taxpayers in Orange, Rockland and Westchester counties, and New Jersey filers in Bergen, Burlington, Essex, Passaic, Somerset and Union counties now have until
The IRS says that its computer systems will automatically identify taxpayers located in the covered disaster area and will apply filing and payment relief to the affected filers. That means you don't have to write "April Storm" on your returns or use the disaster designation in your tax software.
I don't know if you're a worrier like me, but if I was in upstate NY or suburban NJ, I'd probably go for the redundancy notification just to be sure.
Worse damage, but added filing options: This latest IRS extended filing extension comes on the heels of several northeastern locales being declared presidential disaster areas.
They include several counties in Maine, as well as the New York and New Jersey, counties cited separately in the IRS extended-filing announcement. (Don't be surprised if the IRS soon adds Maine filers in the disaster areas to the June extension list, too.)
If you're in one of these major disaster areas, my sympathies. Been there, done that with hurricanes and it truly sux.
But at least in these cases, you have the option of claiming disaster-related casualty losses on either your current or prior year's federal tax return.
You have to evaluate both situations to see which will get you the most tax cash back. A bit of extra work, but for more money when you're dealing with damaged property, it's generally worth the trouble. This story has information on the tax considerations and filing steps you need to take.
Here's wishing you good luck, a big refund and rapid recovery from Mother Nature's wrath.
- Taxes Topping The News
- Private Tax Debt Collection Axed By House
- Personal Finance Calculator Collection
- Foreclosure Tax Change Could Benefit Pmi Payers
- Columbus Day Carnival
- Oct 2007
- Sep 2007
- Aug 2007
- Jul 2007
- Jun 2007
- May 2007
- Apr 2007
- Mar 2007
- Feb 2007
- Jan 2007
- Dec 2006
- Nov 2006
- Oct 2006
- Sep 2006
- Aug 2006
- Jul 2006
![]()
- Alpha Trends
- Jon Aquino's Mental Garden
- Random Roger's Big Picture
- Morpheus Trading
- Millionaire Now! by Larry Nusbaum
- Biiwii.com Notes
Today we have the Fed speaking and release of Fed mi [read more]
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them if [read more]












<< My Home | TheMoneyBlogs Home