The IRS has issued a significant news if you reside in the State of Tennessee. Tennessee as a whole is eligible for disaster tax relief. In actuality, a number of deadlines have been moved until November 3, 2025.
Just so you know, this tax break has been verified for both people and companies.
Therefore, you could benefit from this deferral if you have been impacted by severe storms, tornadoes, flooding, or straight-line winds.
In reality, these powerful storms occurred on April 2, 2025. You might not have time to file or pay on time if you have to move or perform some repairs.
Therefore, Tennessee residents need not fear as the IRS has granted them further time. Tax assistance is available in any region that FEMA designates. The Federal Emergency Management Agency is known as FEMA.
Relief from IRS Filing and Payment
For those who are uncertain about the postponed dates, the IRS certifies that the tax relief extends the deadlines for filing and paying taxes from April 2, 2025, to November 3, 2025.
As a result, you can submit returns and pay any taxes that were initially due during this time frame.
Examine everything that this modification has impacted:
- Returns and payments for individual income taxes are typically due on April 15, 2025.
- 2024 contributions to health savings accounts and individual retirement accounts for Tennessee’s eligible taxpayers.
- The regular dates for quarterly anticipated tax payments in 2025 are April 15, June 16, and September 15.
- The regular dates for filing quarterly payroll and excise tax reports are April 30, July 31, and October 31, 2025.
- Returns and payments for calendar-year corporations and fiduciaries are typically due on April 15, 2025.
- Returns for calendar-year tax-exempt organizations are typically due on May 15, 2025.
There’s more good news on the way! Additionally, if the payroll and excise tax deposits were made by April 17, 2025, fines for missing the April 2, 2025, deadline will be waived.
Read Also: Nearly $1,000 for One Group—Social Security Is Sending a Surprise Payment on This Date
IRS notice on options for preparing tax returns
There are many alternatives available to taxpayers through the IRS. For instance, if you qualify as a taxpayer, you may be able to receive assistance with filing your taxes through the TCE or VITA.
TCE is for Tax Counseling for the Elderly, and VITA stands for Volunteer Income Tax Assistance. To save time, use the IRS locator to locate the nearest center in your neighborhood.
Read Also: New Retirement Age Rule Takes Effect in May 2025—What You Need to Know
You can use IRS Free File’s Guided Tax Software for free if your Adjusted Gross Income was $84,000 or less in 2024. These products can be used in Spanish as well as English.
The Disaster Assistance and Emergency Relief for Individuals and Businesses website is a simple resource for taxpayers in Tennessee or other disaster zones who are unsure.
