Monday, October 30, 2006

Two More Months of Respite if "Katrina Made You Do It"

IRS Commissioner Mark Everson assured Alabama, Louisiana and Mississippi taxpayer in counties affected by Hurricane Katrina that collection efforts on late taxes or unfiled returns would not start until 2007. Almost 100 counties and parishes qualify. At the same time, the deadline for 2004 tax returns is now officially past; 2005 individual and some busineess returns may be extended by special extension to April 15, 2007.

This will conclude the special tax provisions for those affected by Katrina; some government spending programs still may be in effect for Katrina victims.

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