IRS Issues Tax Extensions for Victims of Hurricane Ian
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.
Latest from NAHBNow
Dec 17, 2025
House Panel Approves Major Housing PackageIn a move that provides momentum for Congress to enact major housing legislation in early 2026, the House Financial Services Committee this week approved the Housing for the 21st Century Act. This bipartisan housing package takes much-needed steps toward addressing our nation’s critical lack of housing.
Dec 17, 2025
NAHB Weighs In on New WOTUS RuleIn November, the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) announced a proposed updated definition of “waters of the United States” (WOTUS), followed by a 45-day comment period to gather input on the proposed rule. NAHB members and HBA staff provided comments at three public sessions hosted by the agencies to solicit feedback.
Latest Economic News
Dec 16, 2025
Job Market Shows Signs of Cooling in NovemberIn November, job growth slowed, and the unemployment rate rose to 4.6%, its highest level in four years. At the same time, job gains for the previous two months (August and September) were revised downward. The November’s jobs report indicates a cooling labor market as the economy heads into the final month of the year.
Dec 15, 2025
Builder Sentiment Inches Higher but Ends the Year in Negative TerritoryBuilder confidence inched higher to end the year but still remains well into negative territory as builders continue to grapple with rising construction costs, tariff and economic uncertainty, and many potential buyers remaining on the sidelines due to affordability concerns.
Dec 11, 2025
Homeownership Rate Inches Up to 65.3%The latest homeownership rate rose to 65.3% in the third quarter of 2025, according to the Census’s Housing Vacancy Survey (HVS).