NJ Taxpayers May Have Extended Tax Filing Date of May 11
A silver lining has been offered by the IRS to some of us who have been battered by spring storms and flooding. New Jersey taxpayers in 12 counties have an additional 4 weeks to file their taxes to address the severe flooding those counties have faced.
President Obama announced today that Atlantic, Bergen, Cape May, Essex, Gloucester, Mercer, Middlesex, Monmouth, Morris, Passaic, Somerset, and Union counties have been declared federal disaster areas qualifying for individual assistance.
NJ taxpayers who reside in or have businesses in the effected counties now have until May 11 (instead of April 15) to file their 2009 Income Tax Returns, make payment, and make contributions to an individual retirement account (IRA).
In case you run into any problems with late filing, the IRS website advises that:
If an affected taxpayer receives a penalty notice from the IRS, the taxpayer should call the telephone number on the notice to have the IRS abate any interest and any late filing or late payment penalties that would otherwise apply. Penalties or interest will be abated only for taxpayers who have an original or extended filing, payment or deposit due date, including an extended filing or payment due date, that falls within the Postponement Period.
IRS computer systems automatically identify taxpayers located in the covered disaster area and apply automatic filing and payment relief.
See the IRS NJ Disaster site for more information.

