IRS Extends Katrina Filing Deadline for Businesses

August 29, 2006

the Internal Revenue Service will grant to businesses in the Gulf Coast an additional postponement of filing and payment requirements. The deadline will be Oct. 16, 2006, which is the same deadline established earlier for certain individual income tax return filers.

Based on recent meetings with tax practitioners and IRS employees in the disaster areas, the IRS saw the need to postpone the filing and payment deadlines for certain businesses to Oct. 16, 2006, in consideration of the continuing impact of Hurricane Katrina. The postponement applies to taxpayers located in the designated disaster areas.

Business taxpayers in seven Louisiana parishes and three Mississippi counties will automatically qualify for this postponement. In addition, taxpayers in other locations -- covering 11 Alabama counties, 31 Louisiana parishes and 48 Mississippi counties -- can also obtain the filing and payment postponements by self-identifying themselves to the IRS. A complete list of the areas included in these categories is shown below. Taxpayers do not need to self-identify if they have previously done so.

To ensure that they receive the relief to which they are entitled, affected taxpayers whose business, home or tax professional were in the disaster areas listed below should mark “Hurricane Katrina” in red ink on the top of their returns. In addition, affected taxpayers may identify themselves as eligible for relief by calling the IRS Disaster Hotline at (866) 562-5227.


Contact ALTA at 202-296-3671 or communications@alta.org.

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