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WASHINGTON — North Carolina storm victims will have until March 15, 2017, to file certain individual and business tax returns and make certain tax payments, with similar relief expected soon for Hurricane Matthew victims in other states, the Internal Revenue Service announced today. All workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization also qualify for relief.
Following this week’s disaster declaration for individual assistance issued by the Federal Emergency Management Agency (FEMA), the IRS said that affected taxpayers in Beaufort, Bladen, Columbus, Cumberland, Edgecombe, Hoke, Lenoir, Nash, Pitt and Robeson counties will receive this and other special tax relief. Locations in other states are expected to be added in coming days, based on damage assessments by FEMA.
The tax relief postpones various tax filing and payment deadlines that occurred starting on Oct. 4, 2016. As a result, affected individuals and businesses will have until March 15, 2017, to file returns and pay any taxes that were originally due during this period. This includes the Jan. 17 deadline for making quarterly estimated tax payments. For individual tax filers, it also includes 2015 income tax returns that received a tax-filing extension until Oct. 17, 2016. The IRS noted, however, that because tax payments related to these 2015 returns were originally due on April 18, 2016, those are not eligible [...]
I would like to start off by saying thank you to Fran Whittenton for the great job she did as President of the CCAH Board for the last two years. I would also like to thank the membership for your continued support of the CCAH. Because of you, North and South Carolinians have great places to live in affordable rental housing.
I hope everyone enjoyed this year’s Annual Meeting. We were fortunate to have A. J. Johnson, who, as always, provided great insight and ideas in the property management training session. We also extend our thanks to all of the vendors who participated in the meeting. We look forward to seeing you again next year.