Following the massive tornado in Moore and Oklahoma City, Okla., the IRS has provided tax relief to individuals and businesses affected by this and other severe storms occurring in parts of that state.
Affected taxpayers in Cleveland, Lincoln, McClain, Oklahoma and Pottawatomie Counties will receive special tax relief. (Other locations may be added in coming days based on additional damage assessments by FEMA.) The relief postpones various filing and payment deadlines that started on May 18. Affected individuals and businesses will have until September 30 to file these returns and pay any taxes due. This includes the June 17 and September 16 deadlines for making estimated tax payments.
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