Vision Payroll

May 5, 2009

Taxpayers Receive Extension of Time to File Returns and Pay Taxes

Filed under: News — Tags: , , — Vision @ 11:44 pm

Due to severe storms and flooding in Minnesota on March 16, 2009, President Barack Obama declared the following counties a federal disaster area: Clay, Norman, Traverse, Wilkin, Beltrami, Marshall, and Polk. Therefore, the Internal Revenue Service (IRS) announced recently that it will waive failure to deposit penalties for employment and excise taxes due after March 15, 2009 and before March 31, 2009 as long as the deposits were made by March 30, 2009. Also, affected taxpayers will have until May 15, 2009 to file most tax returns. Contact Vision Payroll if you were affected by the storms and flooding and need further information on the relief provided by the IRS.

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