The IRS today announced that taxpayers who are victims of the severe storms, tornadoes, straight-line winds, and flooding that took place on May 7, 2019, in Oklahoma may qualify for tax relief.
Today’s IRS release provides that taxpayers who reside or have a business in Muskogee, Tulsa, and Wagoner counties and were affected by the storms or flooding may qualify for tax relief. For instance, the IRS can postpone certain deadlines for taxpayers who reside or have a business in the disaster area.
Taxpayers that have certain deadlines falling on or after May 7, 2019, and before September 16, 2019, may be granted additional time to file through September 16, 2019—including more time for making the quarterly estimated income tax payment due on June 17, 2019, as well as filing the employment and excise tax returns due on July 31, 2019.
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