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IRS Extends Tax Deadlines Until May For Helene Victims

CPA Practice

The IRS on Tuesday announced disaster tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of Alabama, Georgia, North Carolina, and South Carolina, as well as parts of Florida, Tennessee, and Virginia. 22, 2024, in Alabama; Sept. 23 in Florida; Sept. 24 in Georgia; Sept.

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IRS Extends Tax Deadline in Three States to Oct. 16 for Taxpayers Impacted By Disasters

CPA Practice

Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16 to file various federal individual and business tax returns and make tax payments, the IRS said on Feb. 16 deadline also applies to 2023 estimated tax payments, normally due on April 18, June 15, and Sept.

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IRS Extends Tax Deadline in Three States to Oct. 16 for Taxpayers Impacted By Disasters

CPA Practice

Disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16 to file various federal individual and business tax returns and make tax payments, the IRS said on Feb. 16 deadline also applies to 2023 estimated tax payments, normally due on April 18, June 15, and Sept.

Tax 95
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How the Accounting Community is Rallying Around Victims of Hurricane Helene

CPA Practice

The tax relief is for all individuals and businesses in the entire states of Alabama, Georgia, North Carolina, and South Carolina, and parts of Florida, Tennessee, and Virginia. Taxpayers in these areas now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments.

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IRS Provides Relief to Taxpayers Impacted by Hurricane Helene

Withum

The IRS issued a news release providing tax relief for taxpayers affected by Hurricane Helene. This includes the entire states of Alabama, Georgia, North Carolina, and South Carolina, 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia.

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A Refresher on the Types of Small Business Legal Structures, and Their Benefits

CPA Practice

Partnerships Business taxes are passed through to partners like in a sole proprietorship since there is no legal separation between the owners and the company. The IRS equally taxes all partners who share legal and debt responsibilities. The difference is the protection from personal liability for the business’s debts.

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How the Accounting Community is Rallying Around Victims of Hurricane Helene

CPA Practice

The tax relief is for all individuals and businesses in the entire states of Alabama, Georgia, North Carolina, and South Carolina, and parts of Florida, Tennessee, and Virginia. Taxpayers in these areas now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments.