Marcum LLP
BLOG
Home | Offices | (855) MARCUM1

Insights & Alerts
As Seen In
Press Releases
Events
Publications
The Marcum Advisor
Beyond the Numbers
SEC Insights
Forensic Files
Private Investment Forum
International Tax

Insights & Alerts
September 7, 2011

North Carolina Tax Relief for Victims of Hurricane Irene
Insights & Alerts

The Department of Revenue will offer relief for taxpayers in the following counties declared a federal disaster area as a result of Hurricane Irene:  Beaufort, Carteret, Craven, Dare, Halifax, Hyde, Lenoir, Pamlico and Tyrrell.

The state relief is similar to that granted by the IRS and includes extended filing and payment dates for businesses or individuals that had a filing and/or payment requirements for any North Carolina tax due on or after August 25, and on or before October 31, as long as the return is filed and the tax paid by October 31, 2011. Taxpayers claiming the loss on an original or amended return should write "Hurricane Irene" in black ink at the top left of the form, so the return can be readily identified for special handling.

Any taxpayers taking advantage of this provision should include Form NC-5500 with the late payment or return.  The form is available at the Department of Revenue website. 

Taxpayers should continue to review the state website to determine if more counties are announced as designated federal disaster areas. Taxpayers with questions may also contact Taxpayer Assistance Division at 1-877-252-3052.

Go Back
Social Media

 

Resources
Need a quote for a story? Working on an article and need a resource?
Please use the information below:

Firm Standards
Management
Contact Us

Request More Information
Chris Pelosi
Director of Online Marketing
chris.pelosi@marcumllp.com

 

 
Privacy | Legal | Sitemap | Secure Mail