IRS News - Update for Tax Professionals affected by Winter Storm Stella

16 Mar 2017 9:43 AM | Anonymous

The IRS has granted many businesses directly affected by this week’s severe winter storm additional time to request a six-month extension to file their 2016 federal income tax returns.  In an effort to provide relief to tax professionals and business taxpayers in portions of the Northeast and Mid-Atlantic who were unable to file their tax return by yesterday's due date (March 15, 2017), the IRS will allow those affected to request an automatic extension by filing Form 7004, on or before March 20, 2017.  Form 7004 provides a six-month extension for returns filed by partnerships (Forms 1065 and 1065B) and S corporations (Forms 1120S).

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