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Androvett Blog

by Robert Tharp at 4:09:55 pm

The IRS and IKE

Thompson & Knight attorney Roger Aksamit says IRS is offering some relief
For those rebuilding from Hurricane Ike, end-of-the-year federal income tax strategies no doubt fall somewhere near the bottom of the priority list. Houston attorney Roger Aksamit of Thompson & Knight's Houston offices says the IRS is offering some relief. Taxpayers in the 29 Texas counties declared as Hurricane Ike disaster areas may be able

to delay the filing of certain IRS returns until Jan. 5, 2009. The relief offered by the IRS is generally available to all individuals and businesses in those counties, as well as designated workers assisting with relief efforts. "The postponement applies to most scheduled tax return and tax payment deadlines, and the filing of other time-sensitive forms," he says. "There are also processes for eligible taxpayers to claim disaster-related casualty losses on their federal income tax returns, and deduct losses on personal property not covered by insurance or other forms of reimbursements." To interview Mr. Aksamit about IRS issues in the wake of Hurricane Ike, contact Barry Pound at 800-559-4534 or barry@androvett.com.