The IRS has announced tax relief for individuals and businesses affected by recent hurricanes, including Hurricane Debby, Hurricane Helene, Hurricane Milton in Florida, and storms in Juneau, Alaska. While this relief offers a reprieve, navigating the complexities of tax law in the wake of a disaster can be challenging.
Frost Law’s tax controversy attorneys can provide clarity and ensure you meet your obligations while maximizing available benefits.
Understanding the Extended Tax Deadlines
The IRS has extended various tax deadlines for those affected by the hurricanes. Most deadlines falling on or after October 5, 2024, and before May 1, 2025, are now due on May 1, 2025. This includes 2024 individual and business returns, 2023 returns with valid extensions, and quarterly estimated tax payments.
Why You Need a Tax Attorney
Understanding and applying these provisions correctly is crucial to minimize your tax liability after a natural disaster and avoid potential disputes with the IRS. Frost Law’s tax attorneys have experience in tax controversy and can provide guidance on:
- Filing amended returns: If you’ve already filed your return, we can help you amend it to claim applicable deductions or credits related to the hurricane.
- Negotiating with the IRS: If you’re facing an audit or collection action, we can represent you before the IRS and advocate for a favorable outcome.
- Appealing IRS decisions: If you disagree with an IRS decision, we can help you navigate the appeals process.
Contact Frost Law Today
Don’t let tax concerns add to the burden of hurricane recovery. Contact Frost Law today to schedule a consultation with our experienced tax attorneys. We can help you understand your rights, meet your obligations, and ensure you comply with all applicable tax laws.
The sooner you address your tax concerns, the better equipped you’ll be to manage your financial recovery after a natural disaster.
