Potential Tax Relief for Earthquake Victims

Back in August, many residents and business owners in Napa, California suffered damage due to a 6.0 earthquake that rocked the area on August 24th at approximately 3:20 a.m. One person was killed and significant damage to structures and fires ensued.

In response to the aftermath, the IRS announced that certain taxpayers may qualify for some tax relief since Napa and Solano counties were declared Federal disaster areas. Certain deadlines falling on or after August 24, 2014 and on or before January 15, 2015, have been postponed through January 15, 2015.

Important: Any affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at (866) 562-5227 to request this tax relief.

Source: www.irs.gov

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