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Does disaster relief apply to a taxpayer that is not in a disaster area, but the taxpreparer is? Per the IRS website , disaster relief applies to the clients of taxpreparers who are unable to file returns or make payments on behalf of the client because of a federally declared disaster.
Keep in mind that estimated quarterly tax payments for business owners (including sole proprietors) are due January 15 (4Q 2024), April 15 (1Q 2025), June 16 (2Q 2025), September 15, 2025 (3Q 2025) and January 15, 2026 (4Q 2025). And finally, the tax code is a horrifying morass of byzantine complexity.
The tax law also provides some flexibility regarding the timing of a casualty loss deduction. Casualty losses generally are deductible on the tax return that includes the year of the loss, which here would be an individuals 2025 tax return that is due April 15, 2026.
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