Unfortunately, late spring and summer mark the natural disaster season. Most years, the number of federally declared disaster zones rises at this time. The good news is that eligible residents and businesses can receive tax relief, including extended filing deadlines. In the past two months, the IRS has announced relief for severe storm victims in Oklahoma, Maine, Rhode Island and Alaska. Areas recently designated “major disaster areas” by the Federal Emergency Management Agency (FEMA), and that could become eligible for tax relief, include Nebraska, Ohio, Kansas and Washington. Visit the IRS (https://bit.ly/3UU9WO5 ) and FEMA (https://bit.ly/3wtiv9q) websites for more information.
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