The Internal Revenue Service (IRS) is reminding small businesses in 14 states and 2 territories about the upcoming tax deadline for those affected by severe weather in 2024. Businesses in these areas received extensions to file their 2023 returns due to natural disasters and will now need to file in 2025.
Depending on their location, some small businesses have a deadline of February 3, while others have until May 1 to file their returns. The IRS grants tax extensions to businesses and individuals impacted by severe weather events such as hurricanes, tornadoes, earthquakes, or other natural occurrences designated as disasters by the Federal Emergency Management Agency.
