The Internal Revenue Service announced tax relief to individual and business taxpayers impacted by the recent severe storms, flooding, landslides and mudslides in Colorado.
Certain taxpayers in Adams, Boulder, Larimer and Weld counties will receive tax relief by postponing certain tax filing and payment deadlines to Dec. 2, 2013.
It includes corporations and businesses that previously obtained an extension until Sept. 16, 2013, to file their 2012 returns and individuals and businesses that received a similar extension until Oct. 15. It also includes the estimated tax payment for the third quarter of 2013, which would normally be due Sept. 16.
The IRS automatically identifies taxpayers located in the covered disaster area and applies automatic filing and payment relief. But affected taxpayers who reside or have a business located outside the covered disaster area must call the IRS disaster hotline at 866-562-5227 to request this tax relief.
Practitioners located in the covered disaster area who maintain records necessary to meet a filing or payment deadline for multiple taxpayers outside the disaster area may contact the IRS to identify such clients using the procedures described on the IRS website.
Full details, including information on how to claim a disaster loss by amending a prior-year tax return, can be found at www.IRS.gov.
Adams County announces free flood debris removal
Adams County announced last week the establishment of a flood debris collection hotline to help remove flood-damaged materials from qualifying properties impacted by recent flooding. Residents of unincorporated areas of the county who have registered their losses with FEMA are eligible to call 720-523-6888 to schedule a free curbside collection from their affected property. Adams County will remove flood debris of all types, including yard waste, household goods, and construction materials.
Residents who schedule an appointment by calling the hotline are asked to stack debris at the curb in front of their property. While the hotline is only answered during normal business hours, after-hour callers who leave a voicemail with their information will receive a return call the following business day.