By Pension and Benefits Editorial Staff
The IRS has announced tax relief for taxpayers who reside or have a business in the federal disaster areas of Umatilla County and the Confederated Tribes of the Umatilla Indian Reservation in Oregon, which were affected by severe storms, flooding, landslides, and mudslides that began on February 5, 2020. The relief extends until July 15, 2020 deadlines for filing various returns, including the filing of Form 5500s, and paying taxes otherwise due during the period of February 5, 2020, and before April 1, 2020. This is in addition to the nationwide Coronavirus-related relief already available to taxpayers on returns, payments and other time-sensitive actions occurring on or after April 1, 2020 and before July 15, 2020.
If an affected taxpayer receives a late filing or late payment penalty notice from the IRS that has an original or extended filing, payment or deposit due date that falls within the postponement period, the taxpayer should call the telephone number on the notice, once normal IRS operations have resumed, to have the IRS abate the penalty.
Source: IRS News Release OR-2020-01.
