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Tax Relief

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12/1/2011
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Tax Relief



The IRS announced today (September 1, 2011) that it is providing tax relief to

individual and business taxpayers impacted by Hurricane Irene that include

certain taxpayers in New Jersey, New York, North Carolina and Puerto Rico.



The tax relief postpones certain tax filing and payment deadlines to October 31,

2011. It includes corporations and businesses that previously obtained an

extension until September 15, 2011, to file their 2010 returns and individuals and

businesses that received similar extensions until October 17. It also includes the

estimated tax payment for the third quarter of 2011, which would normally be due

September 15.



For full details, including the start date for the relief in various locations and

information on how to claim a disaster loss by amending a prior-year tax return

can be found in tax relief announcements for individual states on www.irs.gov or

by calling Sobel & Co. at 973-994-9494.



So far, IRS filing and payment relief applies to the following counties and

municipalities:



 In North Carolina, Beaufort, Carteret, Craven, Dane, Hyde,

Pamilico and Tyrell



 In New Jersey, Bergen, Essex, Morris, Passaic and Somerset



 In New York, Albany, Delaware, Dutchess, Essex, Greene,

Schenectady, Schoharie and Ulster



 In Puerto Rico, Caguas, Canovanas, Carolina, Cayey, Loiza,

Luquillo, San Juan





Please be advised that the Governors of New Jersey and New

York have not confirmed that they will be adhering to this policy

for State Returns.



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