Due to the damage caused by the severe storms, flooding, and straight-line winds in North Carolina on September 27, 2010, President Barack Obama declared the following counties a federal disaster area: Beaufort, Bertie, Brunswick, Craven, Hertford, Jones, Pender, Pitt, Onslow and Tyrrell.
Declaration Leads to Extension of Payroll Tax and Other Deadlines
Therefore, the Internal Revenue Service (IRS) announced recently that it will waive failure to deposit penalties for employment and excise taxes due after September 26, 2010 and before October 13, 2010 as long as the deposits were made by October 12, 2010. In addition, affected taxpayers had until November 26, 2010 to file most tax returns.
Vision Payroll is Here to Help Affected Taxpayers with Payroll Tax Issues
Contact Vision Payroll if you were affected by the severe storms, flooding, and straight-line winds and need further information on the relief provided by the IRS.