Due to the severe storms, tornadoes and straight-line winds in Oklahoma beginning May 10, 2010, President Barack Obama declared the following counties a federal disaster area: Carter, Cleveland, Creek, Garvin, McIntosh, Okfuskee, Oklahoma, Pottawatomie and Seminole. Therefore, the Internal Revenue Service (IRS) announced recently that it will waive failure to deposit penalties for employment and excise taxes due after May 9, 2010 and before May 26, 2010 as long as the deposits were made by May 25, 2010. In addition, affected taxpayers will have until July 9, 2010 to file most tax returns. Contact Vision Payroll if you were affected by the severe storms, tornadoes and straight-line winds and need further information on the relief provided by the IRS.