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 Andrew, Atchison, Boone, Buchanan, Calloway, Carroll, Chariton, Cole, Greene, Holt, Jackson, Jasper, Jefferson, Lafayette, Lewis, Lincoln, Livingston, McDonald, Miller, Newton, Osage, Pike, Platte, Pulaski, Saline, and St. Charles Counties in Missouri, which were affected by severe storms, tornadoes, and flooding that took place on April 29, 2019. The relief extends until August 30, 2019 deadlines for filing various returns, including the filing of Form 5500s, and paying taxes otherwise due during the period of April 29, 2019 and before August 30, 2019.
For payroll and excise tax deposits due on or after April 29, 2019, the IRS will waive the failure to deposit penalties if such deposits were made by May 14, 2019.
SOURCE: IRS News Release MO-2019-01.
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