IRS Grants Tax Deadline To October 31
The Internal Revenue Service has further postponed certain deadlines for taxpayers affected by Hurricane Irene This includes taxpayers in Suffolk County.
Tax filing deadlines falling on or after August 26 and on or before October 31 have been postponed to October 31. This includes corporations and other businesses that previously obtained an extension until September 15 to file their 2010 returns, and individuals and businesses that received a similar extension until October 17. It also includes the estimated tax payment for the third quarter, normally due September 15.
This should be a major relief to all of the procrastinators out there. Use this extra time to properly gather your financial information…and ensure that you deduct everything that you are legally allowed to deduct. Don’t pay Uncle Sam one penny more than you have to.