Deadline Relief Issued for Michigan Storm Victims
In late July, the IRS issued a news release announcing the postponement of certain tax-related deadlines that occurred starting June 25 for Michigan victims of severe storms, flooding, and tornadoes. The relief includes completion of many time-sensitive, tax-related acts described in IRS Revenue Procedure 2018-58 and Treasury Regulation 301.7508A-1(c)(1).
Affected taxpayers with a covered deadline on or after June 25, 2021, and before November 1, 2021, will have until November 1, 2021, to complete the act(s). This includes the filing of Form 5500 series returns that were required to be filed on or after June 25, 2021, and before November 1, 2021.
"Affected taxpayer" automatically includes any individuals who live, and businesses whose principal place of business is located, in the covered disaster area. Households that were affected and individuals who reside in Washtenaw and Wayne counties, as well as taxpayers with records located in the covered area needed to meet covered deadlines qualify for relief. Those who reside or have a business located outside the covered disaster area, but have been affected by the disaster, may contact the IRS at 866-562-5227 to request relief.
