TAX DEADLINES POSTPONED BY DEPARTMENT OF TAX AND FINANCE

Albany, NY – More than 100,000 residents in the Hudson Valley were left without power as a result of the pair of Nor’easters that ripped through the region.  Governor Cuomo had declared a State Disaster Emergency for Dutchess, Putnam, Rockland, Sullivan and Westchester Counties.  Now, the Department of Tax and Finance has announced tax filing deadlines have been postponed for the period beginning on or after March 15, 2018, and ending on March 19, 2018.

State Senator Terrence Murphy said, “This was one of the worst series of weather events, and one of the worst power outages, in recent memory.  Residents and businesses were left without power for days.  Granting this delay will help many people who are still getting back on their feet without the worry of penalties and fees for missing this week’s deadlines.”

Among the deadlines being postponed include filing any returns, including those for personal income tax, corporate taxes and any other taxes administered by the Tax Department.  Filing any requests for extension or additional extensions of time to file, filing for a credit or refund, filing for a re-determination of a deficiency or an application for review of a decision have also been extended for March 20, 2018.

The full notice can be read here.

The Department has also identified taxpayers who are eligible for relief.  These include victims of the storms who reside in or have a principal place of businesses in the areas that were impacted.  Additionally, workers assisting in the relief activities, any taxpayers whose records are not available due to the storms or taxpayers who are having difficulty meeting the tax filing, payment or other deadlines because of disruptions in receiving or sending documents due to the storms are eligible.

Taxpayers who were impacted by the storm do not need to apply for a waiver or an extension to obtain relief.

Senator Murphy was the first state official to call for an investigation into the preparation, response and functionality of the utility companies.  An official Senate hearing is expected to be announced for next week.