Katrina Emergency
Tax Relief Act of 2005
Courtesy of IRS
FIRST, THE GOOD NEWS!
The Katrina Emergency Tax Relief Act of 2005 (H.R. 3768)
was signed into law on September 23, 2005
You are welcome to read the 30 page Technical Explanation
prepared by the staff of the Joint Committee on Taxation
As a result of KETRA, once again, IRS extends the deadline for Hurricane
Katrina victims – this time to
February 28, 2005
The
same relief has been granted to anyone affected by Hurricane Rita
THEN, THE BAD NEWS!
Sept. 23, 2005 Problem Alert:
IRS Reports Some Tax Payments From 13 States Lost
The Internal Revenue Service is alerting taxpayers in 13 states that
approximately 30,000 estimated tax payments sent to a San Francisco post
office box in early September have been lost in the aftermath of a traffic
accident.
Taxpayers who may be affected include:
- Residents of Alaska, Arizona, California, Hawaii, Idaho, Montana,
Nevada, Ohio, Oregon, Utah, Virginia, Washington and Wyoming and…
- Anyone who mailed an IRS tax payment to the IRS San Francisco post
office box between Sept. 1 and Sept. 11.
The accident occurred on the San Mateo Bridge near San Francisco in
the early morning hours of Sept. 11, as a contract courier was delivering
mail from the post office to a check-processing facility in Hayward,
Calif. The IRS estimates that approximately 30,000 of the estimated 45,000
tax payments on board the vehicle – mostly Form 1040-ES quarterly
estimated tax payments – were ejected into the San Francisco Bay
and are not
recoverable.
Read this
for more information – and for information on what to do
if your check was soaked…
