The Internal Revenue Service (IRS) has extended the filing of the Tax Return 2023 for the Arkansas residents who were affected by severe storms. The victims now have until July 31 to finish their tax returns and pay any taxes owed from last year.
The Internal Revenue Service (IRS) has announced the extension for the deadline of filing of the Tax Return 2023 in the state of Arkansas. This is because of the residents who were heavily affected by the recent severe storms happening in the state.According to Backman, instead of the deadline on April 18, the victims now have until July 31 to finish their Tax Return 2023 and pay any tax obligations they owe from last year. Failing to file and pay taxes on time generally result in penalties. However, the residents of Arkansas will receive an extension to finish and pay their taxes without being deemed as late.
READ ALSO: Biden Releases Disaster Assistance Funds To Arkansas Survivors Affected By Storms
Tax Return 2023 Extended Due to Storms
According to Davies, on April 1, violent storms that brought tornadoes have hit the Midwest of the country. This major disaster resulted in several deaths and the state of Arkansas was struck the worst. A tornado reportedly hit Little Rock, Arkansas where at least 50 individuals were transported to hospitals in the Pulaski County.
In addition, Little Rock Mayor Frank Scott Jr. stated that around 2,600 buildings have sustained damage. This means that several residents of Arkansas are suffering from damages in their properties and may be facing piles of destroyed tax documents required to file their Tax Return 2023.
READ ALSO: Money-Back: Claim Up To $1,000 During Winter Storm If Power Goes Out