IRS Hurricane Sandy Tax Relief – File and Pay by Nov. 7

IR-2012-82, Oct. 31, 2012

The relief applies to taxpayers and tax preparers in an area affected by Hurricane Sandy or otherwise impacted by the storm that hit the Mid-Atlantic and Northeastern United States.

This relief primarily applies to businesses whose payroll and excise tax returns and payments are normally due Oct. 31, 2012. No action is required by the taxpayer; this relief is automatic. Regular federal tax deposits are due according to current rules. However, the IRS notes that if taxpayers or tax practitioners receive a penalty notice for this period, they can contact the IRS at the number on the notice to request penalty abatement due to reasonable cause on account of the storm.