Getty Images, nadianb, en.elcierredigital.com Breaking news from the US Social Security about the IRS: It's a relief for everyone
Social Security and the US Government make a vital decision for the well-being of thousands of American families
Taxpayers in an American state have received good news from the United States Government. The Internal Revenue Service, in coordination with the SSA, has announced an extension on the deadlines for filing returns and making tax payments.
This measure provides significant relief to Americans affected by the severe storms and flooding that hit the state in February 2025. Undoubtedly, a necessary measure that lends a hand to thousands of families.
Attention if you reside in Virginia: you'll have more time to comply with Social Security
Taxpayers residing or having businesses in areas declared as disaster zones in Virginia now have until November 3 to meet their tax obligations. This includes filing individual income tax returns and payments that were normally due on April 15, 2025.
Additionally, the deadline for 2024 contributions to retirement accounts (IRA) and health savings accounts (HSA) is extended. As well as for estimated tax payments that were due on April 15, June 16, and September 15.
Businesses also benefit: mark the date
Businesses also benefit from this extension. The deadlines for filing quarterly payroll and excise tax returns, which are due on April 30, July 31, and October 31, have been extended to November 3.
Likewise, partnership and S corporation returns with a calendar fiscal year, which were due on March 17, and corporation and trust returns, which were due on April 15, 2025, have also been postponed to that date.
This decision reflects the US Government's commitment to supporting citizens in difficult times. By providing this relief, the impact that severe storms have had on the lives and businesses of Virginia taxpayers is acknowledged.
Understanding and empathy toward exceptional circumstances
Those affected have received this news with relief and gratitude. Many express that this extension gives them the necessary time to recover and reorganize their finances without the immediate pressure of tax obligations. This gesture from the IRS and Social Security shows understanding and empathy toward the exceptional circumstances faced by taxpayers.
For more information on eligible areas and specific details of this extension, it is recommended to visit the official IRS website or consult with a tax advisor. It is important for taxpayers to be adequately informed to take advantage of this benefit and meet their obligations within the new established deadline.
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