SC Tax Relief for Hurricane Florence

Image: NASA

In the wake of Hurricane Florence, the IRS has announced tax relief for South Carolina residents and businesses affected by Hurricane Florence. As of October 3, 2018, eligible South Carolina counties include Chesterfield, Darlington, Dillon, Florence, Georgetown, Horry, Marion, and Marlboro.

According to the IRS announcement, “certain deadlines falling on or after Sept. 8, 2018 and before Jan. 31, 2019, are granted additional time to file through Jan. 31, 2019. This includes taxpayers who had a valid extension to file their 2017 return due to run out on Oct. 15, 2018. It also includes the quarterly estimated income tax payments due on Sept. 17, 2018 and Jan. 15, 2019, and the quarterly payroll and excise tax returns normally due on Oct. 31, 2018. It also includes tax-exempt organizations that operate on a calendar-year basis and had an automatic extension due to run out on Nov. 15, 2018.

“The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 866-562-5227 to request this tax relief.”

An article by Drake Software explains, “If a qualified taxpayer gets a late filing or late payment notice from the IRS with a due date within the postponement period, the taxpayer should call the telephone number given on the written notice to have the IRS abate the penalty.”

Read more from the IRS and Drake Software for additional information.