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Posted

Does anyone know if the hurricane extension applies to a TPA firm that is preparing the 5500 if they are in the declared disaster area?  I can't find info on this.  Thanks!

Posted

IRS Disaster Relief Notice NC-2018-03 

https://www.irs.gov/newsroom/tax-relief-for-victims-of-hurricane-florence-in-north-carolina

"The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 866-562-5227 to request this tax relief. ...

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."

Posted

It is also a good idea to let your clients know that they will most likely get a late notice even when they are entitled to the tax relief, and to forward any such notices to you ASAP so that you can respond.  We got a bunch of those after last year's storms for taxpayers who should have been "automatically detected" by the IRS

 

 

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