IRS Gives Some Businesses Storm-Related Filing Extension
On March 15, 2017, the IRS granted many businesses affected by Winter Storm Stella additional time to request a six-month extension to file their 2016 federal income tax returns.
The IRS is providing this relief to victims and tax professionals affected the storm that hit portions of the Northeast and Mid-Atlantic.
Business taxpayers who are unable to file their tax return by the March 15 due date can request an automatic extension by filing Form 7004 on or before March 20, 2017.
Form 7004 provides a six-month extension for returns filed by partnerships (Forms 1065 and 1065B) and S corporations (Forms 1120S).
Eligible taxpayers taking advantage of this relief should write “Winter Storm Stella” on their Form 7004 extension request (if filing Form 7004 by paper).
As always, the fastest and easiest way to get an extension is to file this form electronically.
The IRS will continue to monitor conditions and provide additional relief if circumstances warrant.
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