After hurricanes Helene and Milton, IRS says 'all of Florida' has till May 1 to file taxes

After hurricanes Helene and Milton, IRS says 'all of Florida' has till May 1 to file taxes

The IRS has extended tax deadlines for individuals and businesses in Florida affected by Hurricanes Helene and Milton. Taxpayers now have until May 1, 2025, to file their 2023 and 2024 returns and make any due payments. This extension also applies to estimated quarterly payments, with penalties for underpayments pausing during this period. The Federal Disaster Tax Relief Act, signed into law in December 2024, offers additional benefits, including more accessible casualty loss deductions for uninsured losses. Taxpayers should retain documentation to support any claims and consult the IRS website for detailed information on eligibility and specific deadlines. for more information click here 

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