New disaster relief policy

The IRS has issued interim guidance expanding its disaster assistance and emergency relief. The IRS is authorized to provide relief from failure to file, failure to pay and other time-sensitive tasks in counties affected by federally declared disasters that are identified for individual assistance by the Federal Emergency Management Agency (FEMA). Under the new policy, a disaster impacting several states and occurring near a major filing date may warrant an expansion of relief to include areas identified by FEMA for public assistance.