Vision Payroll

August 9, 2010

TX Taxpayers Receive Extension of Time to File Returns and Pay Taxes

Filed under: News — Tags: , , — Vision @ 12:54 pm

Due to Hurricane Alex, Some Texas Employers Received an Extension for Paying Payroll Taxes
President Obama Declares Parts of Texas a Federal Disaster Area
Due to the damage caused by Hurricane Alex in Texas beginning June 30, 2010, President Barack Obama declared the following counties a federal disaster area: Cameron, Hidalgo, Jim Hogg, Maverick, Starr, Val Verde, Webb and Zapata. Therefore, the Internal Revenue Service (IRS) announced recently that it will waive failure to deposit penalties for employment and excise taxes due after June 29, 2010 and before July 16, 2010 as long as the deposits were made by July 15, 2010. In addition, affected taxpayers will have until August 30, 2010 to file most tax returns. Contact Vision Payroll if you were affected by Hurricane Alex and need further information on the relief provided by the IRS.

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