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Tuesday, September 9, 2008

About Taxes: Tax Relief for Hurricane Gustav Victims

About.com    Taxes
In the Spotlight | More Topics |
  from William Perez
Taxes are usually the last thing people should have to worry about when disaster strikes, and the IRS often extends relief to taxpayers faced with natural disasters. The chief tax relief provisions are extended deadlines for submitting tax returns and for making payments, and the option to claim casualty losses due to storm damage on last year's return.

 
In the Spotlight
Hurricane Gustav Victims Have Extra Time to File, Pay
Taxpayers impacted by Hurricane Gustav have extra time to take care of any tax matters. The Internal Revenue Service has extended deadlines for filing returns and submitting payments....read more

 
           More Topics
3rd Quarter Estimated Payments Due 9/15
The next deadline for submitting estimated tax payments is September 15, 2008. Taxpayers who live in Hurricane Gustav disaster area can defer any estimated payments until January 5th, 2009, without penalties.

 
Head of Household
The Head of Household status is available for taxpayers who are unmarried and who are caring for a child, parent, or other close family member living in the same household with them. That seems pretty easy to understand. What makes this filing status complicated is that both the unmarried and the qualifying person criteria can be complex.....read more

 
 
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