INTERNAL REVENUE SERVICE
Tax Relief for Hurricane Sally victims in Florida
Certain filing and tax-payment deadlines extended to January 15, 2021.
Tax Relief in Disaster Situations National Association of State Boards of Accountancy
A current listing of tax reliefs given by the IRS due to natural disasters.
Disaster Relief Resource Center for Tax Professionals
Resources for tax professionals.
Disaster Assistance and Emergency Relief for Individuals and Businesses
Special tax law provisions may help taxpayers and businesses recover financially.
IRS Urges Taxpayers to Prepare for Natural Disasters
A natural disaster can strike any time. Take time now and create or update your emergency preparedness plan.
Disaster Assistance and Emergency Relief for Individuals and Businesses
Special tax law provisions may help taxpayers and businesses recover financially.
Tax Relief for Presidentially Declared Disaster Areas
List of affected areas and how Presidentially Declared Disaster Areas affect taxes.
Affected Taxpayer and Records Necessary to Meet a Deadline for Filing and Paying
A taxpayer does not have to be located in a federally declared disaster area to be an “affected taxpayer”.
Disaster Resource Guide for Individuals and Businesses
This resource guide provides information to individuals and businesses affected by a federally declared disaster and the assistance available to disaster victims.
IRS Form 4864, Casualty and Thefts
For reporting casualty and theft gains and losses. (Instructions)
Hurricane relief letter to IRS Commissioner
IRS will not impose a penalty when dyed diesel fuel is sold for use or used on the highway in the State of Florida unil Sept. 15, 2019
Charitable Deductions FAQs
Answers to common questions about charitable giving to disaster victims.
FLORIDA DEPARTMENT OF REVENUE
Emergency Disaster Information
Disaster information from the Florida Department of Revenue.
Florida Department of Revenue
Florida Corporate Income Tax Filers – The Department will follow the tax relief granted by Internal Revenue Service (IRS) for affected taxpayers regarding postponement of Florida corporate income/franchise tax return due dates. For more information, review the Department’s press release and IRS information.
Temporary Fuel Tax License – Florida law allows exporters, petroleum carriers, and importers to request a temporary license during a disaster or declared state of emergency. Applicants are not required to submit a fee, secure bonding, or undergo a background check if they apply for and receive a temporary license. Click here for more information on Florida’s temporary licensing program.
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS
AICPA Natural Disaster Planning for Small Businesses
Helpful tips for small businesses owners affected by natural disasters.
Casualty Loss and Disaster Relief
Information on determining the amount of losses, and how to deduct them.
Benevolent Fund Resource Center
A resource center that provides AICPA members with the necessary resources and guidelines for the benevolent fund application process.
OTHER RESOURCES
FEMA
Disaster pronouncements, financial assistance, recovery and more.
FEMA Disaster Map
View color-coded designated areas on this county-by-county map.
Florida Division of Emergency Management
A listing of the emergency contact information for every county.
DisasterAssistance.gov
Search FEMA Individual Assistance Disaster Declarations by Zip Code.
Florida Attorney General 1-866-9NO-SCAM (1-866-966-7226)
Price-Gouging Helpline (toll-free).
FL Dept. Financial Services 1-877-My-FL-CFO (693-5236)
Insurance Consumer Helpline (toll-free).
FloridaDisaster.biz
Register to receive updates as storm progresses, plus disaster tips.
Ready.GOV: Hurricane Preparedness
Hurricane-related instructions and resources.
Insurance Company Claims Filing Telephone Numbers
If you have a flood insurance policy, reference these numbers to get in touch with your provider.
Disaster Preparedness and Recovery Quick Guides
U.S. Chamber of Commerce Foundation.
Red Cross, Local Locations
Enter zip code for a local Red Cross center.
FEMA.gov: Hurricane Emergency Declaration
Emergency Declaration declared on August 30, 2019.
Florida DBPR Updates
Live updates regarding the Florida Department of Business & Professional Regulation’s storm preparation and response.
FEMA
FEMA announced that federal disaster assistance.
Send disaster-related technical tax questions to msc@ficpa.org.
We will provide answers to technical questions on an ongoing basis.
Frequently Asked Questions
The FICPA is in communication with the Department of Revenue and the IRS regarding upcoming deadlines. We will continue to update this page as more information becomes available.
A taxpayer does not have to be located in a federally declared disaster area to be an “affected taxpayer.” Taxpayers are “affected” if records necessary to meet a filing or payment deadline postponed during the relief period are located in a covered disaster area.
Practitioners located in the covered disaster area who maintain records necessary to meet a filing or payment deadline for taxpayers located outside the disaster area may elect to contact the IRS to identify such clients.
See Requests from Practitioners for Disaster Relief on methods of client identification.
Definition of an Affected Taxpayer
Source: IRS.gov
A taxpayer does not have to be located in a federally declared disaster area to be an “affected taxpayer.” Taxpayers are “affected” if records necessary to meet a filing or payment deadline postponed during the relief period are located in a covered disaster area.
An affected taxpayer can be:
- An individual
- Any business entity or sole proprietor
- Any shareholder in an S Corporation
(10/11) Q: I own an interest in a partnership, or I am a shareholder in an S Corporation that is located in a federally declared disaster area. However, I do not live in the disaster area myself. I rely on information (Schedule K-1) from the partnership or S Corp to file my tax return. Do I qualify as an affected taxpayer for purposes of receiving filing and payment relief?
Yes. If the affected partnership or S Corp cannot provide you the records necessary to file your return then you’re also an affected taxpayer. Your filing and payment deadlines are postponed until the end of the postponement period just like the affected partnership or S Corp.
To get the postponement for filing or payment, you must:
- Call the Disaster Assistance Hotline at 1-866-562-5227
- Explain that your necessary records are located in a covered disaster area
- Provide the FEMA Disaster Number of the county where the affected partnership or S Corp is located
- See Treas. Reg. § 301.7508A-1 and Rev. Proc. 2007-56 for a list of taxpayer acts that may be postponed in response to a federally declared disaster
PROTECT CONSUMERS FROM UNSCRUPULOUS CONTRACTORS.
It’s important to address the assignment of benefits for insurance coverage of repairs. Residents are encouraged to discuss this topic with their CPA who can provide another layer of oversight. This brochure from the Consumer Protection Coalition can inform and educate your clients and friends.
WHAT IS ASSIGNMENT OF BENEFITS?
Assignment of Benefits, or AOB for short, is a provision in a vendor’s repair contract. Originally called a “direction to pay,” a cottage industry of billboard trial lawyers and shady repair firms have found a way to exploit AOBs. They lure unsuspecting consumers to sign sweeping AOB authorizations that essentially result in the consumer handing over all of the rights and benefits of the insurance policies they bought and paid for. By asking you to sign an AOB, a third party may be attempting to take over your insurance policy!
READ MORE FROM THE AOB RESOURCE HERE
The FICPA Governmental Affairs Team is in continuous contact with local, state, and federal lawmakers regarding disaster preparation and relief for taxpayers. Check back soon for important legislative and regulatory announcements.
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