News / Article

Tax Relief to Individuals and Businesses Affected by South Louisiana Severe Storms and Flooding Return Filing and Tax Payment Deadlines Extended

Source: revenue.louisiana.gov - Aug 19, 2016

The Louisiana Department of Revenue is granting filing and payment extensions to taxpayers whose homes, principal places of business or critical tax records are located in parishes declared federal disaster areas by President Obama following severe storms and flooding in South Louisiana in August 2016. The declared disaster areas include the following parishes: Acadia, Ascension, Avoylles, East Baton Rouge, East Feliciana, Evangeline, Iberia, Iberville, Jefferson Davis, Lafayette, Livingston, Pointe Coupee, St. Helena, St. Landry, St. Martin, St. Tammany, Tangipahoa, Vermillion, Wahington and West Feliciana. If additional parishes are declared federal disaster areas by President Obama, they will receive the same relief.
For tax returns and payments submitted by the extended deadline, the Department of Revenue will waive any late filing penalties, late payment penalties and interest that would otherwise apply. Any return or amount on which penalty or interest began accruing before August 11, 2016, will not be eligible for this relief.
Affected taxpayers filing a paper return whose homes, principal places of business or critical tax records are located in one of the declared federal “disaster areas” should write “South La. Flooding 2016” in BLACK ink on the top of their returns.

SALES TAX, SEVERANCE TAX, EXCISE TAXES
Extensions are available for sales tax, severance tax and excise taxes with original or extended due dates on or after August 11, 2016, and on or before October 31, 2016. The due date for qualifying tax returns and payments has been extended to November 15, 2016

TO READ ENTIRE ARTICLE CLICK ON SOURCE LINK ABOVE

Category: General Business

Comments