Tax News

CCH (cch.taxgroup.com) reports:

  Taxpayers and preparers affected by Hurricane Ike have been granted an extension of seven days to file corporate returns and third-quarter estimated taxes otherwise due on September 15, 2008. Taxpayers impacted by the storm will have until midnight September 22, 2008, to meet their filing obligations without incurring penalties. A further postponement of the filing deadline by the IRS is likely, following damage assessments by the Federal Emergency Management Agency.

  Affected taxpayers should mark paper returns with the words "Hurricane Ike" and in the case of electronically filed returns, taxpayers can use their software's "disaster" feature, if available.

IR-2008-105,
2008FED ¶46,568

Other References:

 
Code Sec. 6081

  CCH Reference - 2008FED ¶36,789.213

 
Code Sec. 7508A

  CCH Reference - 2008FED ¶42,687C.22

  Tax Research Consultant

  CCH Reference - TRC FILESBUS: 15,110