IRS Extends Tax Relief to All Florida Counties Impacted by Hurricane Milton

The IRS has announced comprehensive tax relief for individuals and businesses in all 51 counties of Florida impacted by Hurricane Milton, extending filing and payment deadlines to May 1, 2025. This includes six newly affected and 20 counties previously covered under Hurricane Debby. Taxpayers can delay filing 2024 federal tax returns, 2023 returns with valid extensions, and quarterly estimated tax payments due in early 2025. Additionally, penalties for missed payroll and excise tax deposits between Oct. 5 and Oct. 21, 2024, will be waived if deposits are made by Oct. 21. Affected individuals and businesses in federally declared disaster areas may also claim disaster-related losses on their 2023 or 2024 returns. The IRS will automatically apply this relief to taxpayers with an address of record in the disaster area.

If you would like to read more, please visit:

https://www.irs.gov/newsroom/irs-provides-hurricane-milton-relief-may-1-deadline-now-applies-to-individuals-and-businesses-in-all-of-florida-many-businesses-qualify-for-deposit-penalty-relief