Flood relief: IRS extends tax deadlines

Individuals and businesses in Juneau, Alaska, affected by flooding on August 5, 2024, now have until May 1, 2025, to file federal tax returns and make payments. The IRS provides relief to areas designated by the Federal Emergency Management Agency, including Juneau. This extension applies to various filing and payment deadlines, allowing affected taxpayers to avoid penalties for late payroll and excise tax deposits if made by August 20, 2024. The IRS automatically grants relief to taxpayers with an address in the disaster area, while those outside should contact the IRS for assistance. Taxpayers can claim uninsured disaster-related losses on either their 2023 or 2024 returns, with the FEMA declaration number 4836-DR required for claims.