When a significant natural disaster hits – such as a hurricane, earthquake, tornado, flood, wildfire, blizzard, or the like – the IRS will extend upcoming federal tax deadlines for affected taxpayers if a federal disaster is declared. The extended due dates apply to most federal tax returns and payments, including those for income taxes (including estimated tax payments), payroll taxes, and excise taxes. If you’re impacted by a natural disaster, check our IRS Disaster Relief page to see if you qualify for an automatic tax filing or payment extension.
Key Takeaways
- Most business tax returns can be extended by filing Form 7004. You must file it by the original due date of the return.
- If you need an extension, check with your state taxing authority to see if you need to file one with them as well.
- If your business is organized as an S corporation or partnership and is a…
