IRS offers tax relief to Houston area storm victims | KPMG | US

IRS offers tax relief to Houston area storm victims

IRS offers tax relief to Houston area storm victims

The IRS today issued a release announcing that taxpayers in the Houston area—specifically in the Texas counties of Fayette, Grimes, Harris, and Parker—affected by recent storms will have more time to file their returns and pay the amount of taxes due. This follows this week’s disaster declaration for individual assistance issued by the Federal Emergency Management Agency.


Related content

Today’s IRS release—IR-2016-67 (April 26, 2016)—provides that the storm victims will have until September 1, 2016, to file their returns and pay any taxes due. Also, persons assisting with storm-relief activities and who are affiliated with a recognized government or philanthropic organization also qualify for this tax relief. 

Taxpayers outside the disaster area

Relief is also possible for any taxpayer who lives outside the disaster area, but whose records (i.e., those records necessary to meet a deadline occurring during the postponement period) are located in the affected area. These taxpayers need to contact the IRS. A telephone number is provided in today’s release.

Taxpayers located in the disaster area

Taxpayers in the affected counties will be eligible for tax relief. 

  • The tax relief postpones various tax filing and payment deadlines that occurred starting on April 17, 2016. 
  • As a result, affected individuals and businesses will have until September 1, 2016, to file their returns and pay any taxes due. This includes 2015 income tax returns normally due on April 18.
  • Relief also applies to the April 18 and June 15 deadlines for making quarterly estimated tax payments. 
  • A variety of business tax deadlines are also affected including the May 2 and August 1 deadlines for quarterly payroll and excise tax returns. 
  • Late-deposit penalties for federal payroll and excise tax deposits normally due on or after April 17 and before May 2 will be waived if the deposits are made by May 2, 2016. 

The IRS will automatically provide filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. There is no need to contact the IRS to get this relief. However, if a taxpayer affected by the storm receives a late filing or late payment penalty notice from the IRS that has an original or extended filing, payment or deposit due date falling within the postponement period, the taxpayer is instructed to call the number on the IRS notice to have the penalty abated.     

© 2018 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Request for proposal