Wednesday, April 18, 2007

IRS Grants Virginia Tech Six Month Extension

Following yesterday’s horrific events, the Internal Revenue Service has granted a six-month filing and payment extension to all taxpayers affected by the shootings at Virginia Tech in Blacksburg, VA. The extension applies to all victims and their families, university students and employees, as well as emergency responders. The relief gives the affected parties until October 15, 2007, to file and make payments associated with their 2006 individual tax returns that were originally due on April 17. There will be no filing and payment penalties for those who qualify as long as the returns are filed and payments are made on or before October 15, 2007. "Taxes are the last thing the Virginia Tech family should be worried about at this time," notes IRS Commissioner Mark W. Everson. "Our hearts go out to the people affected by this tragic event." To claim this relief taxpayers need to call the IRS at 866-562-5227 and identify themselves before they file and or make payment.