IRS Postpones Quarterly Tax Filing due to Hurricane Irene and the Storms that Followed

David A. Applebaum, Robert A. Bacine, Jeffrey R. Hoffmann, Marjorie J. Scharpf

September 15 is usually the date when quarterly estimated tax payments are due to be paid to the IRS.Perhaps not this year.

The IRS recently announced that for individuals and businesses located in a federal disaster area, which includes numerous counties in Eastern Pennsylvania and Southern New Jersey, the third quarter estimated tax payment is not due until October 31, 2011.

The same deadline now applies for corporate tax returns and individual tax returns that are on extension from March 15 and April 17 of this year, respectively. Those returns do not need to be filed until October 31, 2011, for individuals and corporations located in a federal disaster area.

The Commonwealth of Pennsylvania and the State of New Jersey have adopted similar relief measures for state filing deadlines.

A list of the counties included within the federal disaster areas that are eligible for this temporary tax relief are identified on the IRS website at: http://www.irs.gov/newsroom/article/0,,id=245004,00.html?portlet