Tuesday, September 26, 2017

Disaster Tax Relief for Georgia

Due to Hurricane Irma Georgia taxpayers now have until 1/31/2018 to file 2016 individual tax returns and make the 9/15/2017 and 01/16/2018 quarterly estimated tax payments. I believe this means that no late filing or late payment penalties will be imposed, but 4% interest from the original due date of 4/18/17 for 2016 federal returns on the unpaid tax will be due. Interest of 7.25% will also be charged on unpaid Georgia income tax.

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