Tax News

CCH (cch.taxgroup.com) reports:

The IRS has extended, to August 29, 2008, the postponement of the deadlines for victims of storms, flooding and tornadoes in presidential disaster areas in Indiana, Iowa, Illinois, Nebraska, West Virginia and Wisconsin to perform time-sensitive acts. Storm victims in these disaster areas are allowed to postpone until this deadline the filing of certain tax returns, making of certain tax payments and performance of other time-sensitive acts. The IRS had previously extended deadlines in these six states, with six different deadlines applicable to each. The former deadlines were:
--Indiana - August 7 (TAXDAY, 2008/06/16, I.7);
--Iowa - July 28 (TAXDAY, 2008/06/04, I.1);
--Illinois - August 25 (TAXDAY, 2008/06/30, I.8);
--Nebraska - Ausust 19 (TAXDAY, 2008/06/25, I.2);
--West Virginia - August 18 (TAXDAY, 2008/06/25, I.2); and
--Wisconsin - August 13 (TAXDAY, 2008/06/17, I.4).
The deadline for victims in disaster areas in Missouri had previously been extended to August 29 (TAXDAY, 2008/07/03, I.2). Further information regarding the postponement of deadlines due to declared disasters can be found on the IRS website, www.irs.gov.
IR-2008-89, 2008FED ¶46,521
IR-2008-89, FINH ¶30,590
Other References:
Code Sec. 6081
CCH Reference - 2008FED ¶36,789.213
CCH Reference - FINH ¶20,345.80
CCH Reference - FINH ¶20,355.55
Code Sec. 6161
CCH Reference - FINH ¶20,585.35
Code Sec. 7508A
CCH Reference - 2008FED ¶42,687C.22
CCH Reference - FINH ¶22,560.30
Tax Research Consultant
CCH Reference - TRC FILEIND: 15,204.25
CCH Reference - TRC FILEBUS: 15,110