[US] IRS pushes back deadlines for Wisconsin taxpayers impacted by floods

In the US, the Internal Revenue Service (IRS) has announced that Wisconsin taxpayers affected by historic flooding will be eligible for some tax relief, Specrum News 1 reports.

On September 17, the IRS said taxpayers, including individuals and businesses, in Milwaukee, Washington and Waukesha counties will have until February 2, 2026, to file returns and pay any taxes due during the period.

The announcement follows the Federal Emergency Management Agency (FEMA) issuing a disaster declaration for those counties. President Trump reportedly approved nearly $30 million in federal aid to help with cleanup efforts.

Assessments by FEMA found around $76 million in damage, including to residential structures and public sector buildings.

The new IRS filing deadline applies to:

• Any individual, business or tax-exempt organisation that has a valid extension to file their 2024 return due to run out on October 15, 2025

• Quarterly estimated income tax payments ordinarily due on September 15, 2025, and January 15, 2026

• Quarterly payroll and excise tax returns ordinarily due on October 31, 2025, and January 31, 2026

• Calendar-year partnerships and S corporations whose 2024 extensions run out on September 15, 2025

• Calendar-year corporations whose 2024 extensions run out on October 15, 2025

• Calendar-year tax-exempt organisations whose extensions run out on November 17, 2025

Those within the affected areas will automatically get this extension, while those beyond the covered disaster area could still get relief. if they dealt with the effects of the flood. by calling the IRS Special Services at 866-562-5227.

Payments for returns on a filing extension are “not eligible for additional time to pay as filing extensions only apply to the filing of the return and not to payments,” the IRS stated.

In addition, IRS officials reportedly said if those affected receive “a late filing or late payment penalty notice from the IRS that has an original filing, payment or deposit due date that falls within the postponement period, the taxpayer should call the telephone number on the notice to have the IRS abate the penalty.”

Full details on the extension are available here.

Source: Specrum News 1

(Link and quotes via original reporting)

In the US, the Internal Revenue Service (IRS) has announced that Wisconsin taxpayers affected by historic flooding will be eligible for some tax relief, Specrum News 1 reports.

On September 17, the IRS said taxpayers, including individuals and businesses, in Milwaukee, Washington and Waukesha counties will have until February 2, 2026, to file returns and pay any taxes due during the period.

The announcement follows the Federal Emergency Management Agency (FEMA) issuing a disaster declaration for those counties. President Trump reportedly approved nearly $30 million in federal aid to help with cleanup efforts.

Assessments by FEMA found around $76 million in damage, including to residential structures and public sector buildings.

The new IRS filing deadline applies to:

• Any individual, business or tax-exempt organisation that has a valid extension to file their 2024 return due to run out on October 15, 2025

• Quarterly estimated income tax payments ordinarily due on September 15, 2025, and January 15, 2026

• Quarterly payroll and excise tax returns ordinarily due on October 31, 2025, and January 31, 2026

• Calendar-year partnerships and S corporations whose 2024 extensions run out on September 15, 2025

• Calendar-year corporations whose 2024 extensions run out on October 15, 2025

• Calendar-year tax-exempt organisations whose extensions run out on November 17, 2025

Those within the affected areas will automatically get this extension, while those beyond the covered disaster area could still get relief. if they dealt with the effects of the flood. by calling the IRS Special Services at 866-562-5227.

Payments for returns on a filing extension are “not eligible for additional time to pay as filing extensions only apply to the filing of the return and not to payments,” the IRS stated.

In addition, IRS officials reportedly said if those affected receive “a late filing or late payment penalty notice from the IRS that has an original filing, payment or deposit due date that falls within the postponement period, the taxpayer should call the telephone number on the notice to have the IRS abate the penalty.”

Full details on the extension are available here.

Source: Specrum News 1

(Link and quotes via original reporting)