Hurricane extension

If my TPA business is in North Carolina, or if I have employees working from home there, can I use the Ida extension for my clients who are nationwide?

37 minutes ago, BG5150 said:

If my TPA business is in North Carolina, or if I have employees working from home there, can I use the Ida extension for my clients who are nationwide?

Did you mean Hurricane Ian?  NC is a declared disaster area for Ian.

"Taxpayers not in the covered disaster area, but whose records necessary to meet a deadline listed in Treas. Reg. § 301.7508A-1(c) are in the covered disaster area, are also entitled to relief."

If your TPA business is in NC, the answer is almost certainly yes.  For employees working from NC but the TPA is in a different state, it gets a little tricky.  I could see a situation where the NC employee had certain records that the non-NC firm cant access after the storm as qualifying for relief.  

In my situation at my prior firm, we had several offices throughout the state.  A disaster hit the area where our main office was located, but not the other offices.  Because a lot of the information needed was at the main office, this interrupted work from the other offices.  We used relief for clients of all offices with no issue from the IRS.  The matched the Zipcode of the main office to a county qualifying for relief. 

We sign 5500's as the Plan Administrator.  Our designated signer lives in NC.  Do we get the relief?

That's a tough call.  I think it would depend on whether the designated signer is a preference and someone else could have signed as Plan Admin.  

866-562-5227  is the IRS number for affected taxpayers outside of the disaster area.  You can call it as a service provider as well.

Does the IRS ever question a Special Extension?

If the zip code of the plan sponsor is not in a designated disaster area, it will be denied or questioned.

19 hours ago, RatherBeGolfing said:

If the zip code of the plan sponsor is not in a designated disaster area, it will be denied or questioned.

And we will have an answer that the records needed to file were in the affected area.