2026 IBS
 
Register by Feb. 14 to Avoid Onsite Pricing in Orlando. Register now
 

IRS Issues Tax Extensions for Victims of Hurricane Ian

Disaster Response
Published

The IRS is offering tax relief to those impacted by Hurricane Ian throughout Florida and the Carolinas, including individuals and households that reside or have a business anywhere in these FEMA-declared disaster areas.

The tax relief postpones various tax filing and payment deadlines that occurred starting on Sept. 23 in Florida, Sept. 25 in South Carolina and Sept. 28 in North Carolina. Affected individuals and businesses will have until Feb. 15, 2023, to file returns and pay any taxes that were originally due during this period.

The IRS noted that the Feb. 15, 2023, deadline also applies to quarterly estimated income tax payments due on Jan. 17, 2023, and the quarterly payroll and excise tax returns normally due on Oct. 31, 2022, and Jan. 31, 2023. Businesses with an original or extended due date also have the additional time including, among others, calendar-year corporations whose 2021 extensions run out on Oct. 17. Similarly, tax-exempt organizations also have the additional time, including for 2021 calendar-year returns with extensions due to run out on Nov. 15, 2022.

Taxpayers do not need to contact the IRS to get this relief. The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area.

The IRS disaster relief page has details on other returns, payments and tax-related actions qualifying for the additional time.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Economics | Multifamily

Feb 12, 2026

Low-Rise Multifamily Shows Strength at End of 2025; Other Segments Weak

Confidence in the market for new multifamily housing decreased year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released today by NAHB. The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 45, down three points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 74, down seven points year-over-year.

Sponsored Content

Feb 11, 2026

5 Reasons Home Builders Are the Unsung Heroes of the American Dream

Behind the homes people cherish are builders quietly carrying more responsibility — and having more impact — than most Americans realize. Here’s why their work matters far beyond the jobsite.

View all

Latest Economic News

Economics

Feb 12, 2026

Existing Home Sales Retreat Amid Low Inventory

Existing home sales fell in January to a more than two-year low after December’s strong rebound, as tight inventory continued to push home prices higher and winter storms weighed on activity. Despite mortgage rates trending lower and wage growth outpacing price gains, limited resale supply kept many buyers on the sidelines.

Economics

Feb 12, 2026

Residential Building Worker Wages Slow in 2025 Amid Cooling Housing Activity

Wage growth for residential building workers moderated notably in 2025, reflecting a broader cooling in housing activity and construction labor demand. According to the latest data from the U.S. Bureau of Labor Statistics (BLS), both nominal and real wages remained modest during the fourth quarter, signaling a shift from the rapid post-pandemic expansion to a slower-growth phase.

Economics

Feb 12, 2026

Low-Rise Multifamily Shows Strength at End of 2025; Other Segments Weak

Even though garden/low-rise continues to be strong, overall confidence in the market for new multifamily housing decreased year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).