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Tax relief April storms in Mississippi, South Carolina, Tennessee

Tax relief for taxpayers affected by April storms

The IRS today announced that taxpayers affected by April 2020 tornadoes, severe storms, and flooding in Mississippi, South Carolina, and Tennessee have until October 15, 2020, to file individual and business tax returns and to make certain tax payments.

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The IRS release—IR-2020-126 (June 23, 2020)—notes that the tax relief is provided with respect to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. The designated area includes:

  • Mississippi—Clarke, Covington, Grenada, Jasper, Jefferson Davis, Jones, Lawrence, Panola, and Walthall counties
  • South Carolina—Aiken, Barnwell, Berkeley, Colleton, Hampton, Marlboro, Oconee, Orangeburg, and Pickens counties
  • Tennessee—Bradley and Hamilton counties

The IRS stated that other locations may be added later to the “disaster area,” and if added, taxpayers in these areas would automatically receive the same filing and payment relief. The list of eligible localities is on the IRS disaster relief page.

Relief relating to time-sensitive acts

The tax relief includes postponed tax filing and payment deadlines that occurred starting on April 12, 2020. The IRS release states that taxpayers with an “address of record” located in the disaster area do not need to contact the IRS for relief. If an affected taxpayer receives a late-filing or late-payment penalty notice from the IRS that has an original or extended filing, payment or deposit due date falling within the postponement period, the taxpayer is directed to contact the telephone number on the notice to have the penalty abated.

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

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