188bet亚洲真人体育下载 applauds introduction of legislation to allow IRS to postpone deadlines faster for victims of disaster

The 188bet亚洲真人体育下载 applauded the introduction of identical House and Senate bills to amend the Internal Revenue Code of 1986 to provide authority to postpone certain deadlines by reason of state declared disasters or emergencies, H.R. 2976及S. 1677.

“The 188bet亚洲真人体育下载 thanks Representatives Judy Chu (D-Calif.)和约翰·卡特科(R-N.Y.)介绍H.R. 2976及Senators David Purdue (R-Ga.) and Catherine Cortez Masto (D-Nev.)介绍S. 1677年，”爱德华. Karl, 188bet亚洲真人体育下载 vice president of taxation.  “We appreciate their leadership.”

“The current statute requires the Internal Revenue Service (IRS) to wait for a federal disaster declaration, which cannot happen until after the disaster occurs, in order to grant deadline extensions,他说.  “The governors of affected states have more discretion to act quickly to issue official disaster declarations, while it may be days or weeks after the state governor’s declaration before the federal disaster declaration is made.” 

Karl explained that because there are many due dates throughout the year, disasters often happen shortly before or after deadlines and that waiting for the IRS to issue relief causes taxpayers and tax practitioners unnecessary stress and burden when their homes, offices and records may have been destroyed or are inaccessible.

“We urge Congress to swiftly approve this legislation so that the IRS is allowed to offer disaster victims the certainty they need as soon as possible,卡尔说。.

Karl also noted that this legislation does not eliminate the need for Congress to implement a permanent disaster tax relief bill, for which the accounting profession has long advocated, so that taxpayers are assured fair treatment in a timely way.