On 4 April 2024, the US Internal Revenue Service announced a tax relief for individuals and businesses in parts of Rhode Island affected by severe storms and flooding that began on 9 January 2024. These taxpayers now have until 15 July 2024, to file various federal individual and business tax returns and make tax payments.
According to RI-2024-06 and IR-2024-94, the IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). Currently, individuals and households that reside or have a business in Kent, Providence, and Washington counties qualify for tax relief. As a result, affected individuals and businesses will have until 15 July 2024, to file returns and pay any taxes that were originally due during this period.
The 15 July 2024, deadline will now apply to:
Quarterly estimated tax payments normally due on 16 January 2024, 15 April 2024 and 17 June 2024
- Individual income tax returns and payments normally due on 15 April 2024;
- Quarterly payroll and excise tax returns normally due on 31 January 2024 and 30 April 2024;
- Calendar-year partnership and S corporation returns normally due on 15 March 2024;
- Calendar-year corporation and fiduciary returns and payments normally due on 15 April 2024;
- Calendar-year tax-exempt organization returns normally due on 15 May 2024.
Penalties on payroll and excise tax deposits due on or after 17 December 2023, and before 2 January 2024, will be abated as long as the tax deposits were made by 2 January 2024.
