Missed Deadline? IRS Issues Reprieve
Recognizing the continuing disruption to the national financial markets, transportation system, telecommunication and computer networks, as well as continuing security concerns that face our nation in this time of tragedy, the IRS and the Treasury Department have issued an extension of time for all taxpayers with filing deadlines between September 10 and September 24. All tax returns with deadlines that fall within these dates are extended to September 24.
Any taxpayers who might have missed the September 17 filing deadline for quarterly tax payments now have until September 24 to make those payments without penalty.
This extension, described in IRS Notice 2001-63 applies to all taxpayers, regardless of their location or their connection with the tragic events of last week.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.