News Releases | Legal Guidance

• IRS Works with Associations to Help Hurricane-Affected Taxpayers
  IR-2006-43, March 13, 2006 — The Internal Revenue Service announced today an agreement with two tax professional associations to assist taxpayers impacted by Hurricanes Katrina, Rita and Wilma.
  
   
• IRS Postpones Taxpayer Deadlines in Areas Hit Hardest by Katrina
  IR-2006-30, Feb. 17, 2006 — Taxpayers in the most severely damaged parishes and counties of Louisiana and Mississippi automatically have through Aug. 28, 2006 to file returns and make certain payments.
  
   
• Hurricane Victims Have More Time to Claim Losses on Prior Year Returns
  IR-2006-27, Feb. 10, 2006 — Victims of Hurricanes Katrina, Rita and Wilma now have until Oct. 16, 2006.
  
   
• New Publication Explains Tax Law Changes Related to Recent Hurricanes
  IR-2006-18, Jan. 24, 2006 — The IRS has a new publication that informs taxpayers affected by Hurricanes Katrina, Rita and Wilma about benefits in recent legislation.
  
   
• Recent Tax Law Changes Affecting Businesses in the Gulf Region
  FS-2006-13, January 2006 — Businesses affected by Hurricanes Katrina, Rita and Wilma should be aware of recent tax law changes that may benefit them.
  
   
• Tax Law Changes Related to Hurricanes Katrina, Rita and Wilma
  FS-2006-12, January 2006 — Individuals affected by the three major hurricanes of 2005 can learn about tax law changes that may be to their benefit.
  
   
• Substitute Forms W-2 for Hurricane Victims
  FS-2006-8, January 2006 — Hurricane victims who have difficulty obtaining their Form W-2 or other information documents have options available to them.
  
   
• Reconstructing Your Records
  FS-2006-7, January 2006 — The IRS has helpful tips on how to reconstruct tax and financial records that were destroyed in a disaster.
  
   
• IRS Offers Filing Season Assistance to Hurricane Victims
  FS-2006-6, January 2006 — Hurricane victims have a special toll-free number to call in addition to other resources.
  
   
• Guidance Issued on Tapping Retirement Savings
  IR-2005-137, Nov. 30, 2005 — Treasury and the IRS issued Notice 2005-92 today, which provides guidance relating to the application of two provisions of the Katrina Emergency Tax Relief Act of 2005 (KETRA) for Hurricane Katrina victims and employer-sponsored retirement plans and IRAs.
  
   
• Tax Favored Treatment for Early Distributions from IRAs and other Retirement Plans for Victims of Hurricane Katrina
  IR-2005-122, Oct. 17, 2005 — Changes in the tax law provide for tax favored withdrawals, recontributions and loans from retirement plans by victims of Hurricane Katrina.
  
   
• New Tax Law Eases Loss Limitations for Katrina Victims
  IR-2005-119, Oct. 11, 2005 — A change in the tax law lifts the $100 and 10-percent limits on casualty losses claimed on tax returns by Hurricane Katrina victims.
  
   
• Treasury Department, IRS Extend Dyed Diesel Fuel Penalty Relief through Oct. 25
  IR-2005-118, Oct. 6, 2005 — Penalty relief for dyed diesel fuel sold for use or used on the highway is further extended.
  
   
• IRS Warns Consumers of Possible Scams Relating to Hurricane Katrina Relief IR-2005-115, Oct. 3, 2005 — Consumers should protect themselves against possible scams that have cropped up in the wake of Hurricane Katrina.
  
   
• Deadlines for Taxpayers Affected by Hurricane Katrina Extended Until Feb. 28
  IR-2005-112, Sept. 28, 2005 — New law gives taxpayers affected by Hurricane Katrina until Feb. 28, 2006, to file tax returns and pay any taxes due.
  
   
• IRS Updates Hurricane Katrina Tax Relief Guidelines for
  Taxpayers in Four States, Relief Workers and Others Impacted
  IR-2005-109, Sept. 21, 2005 — New details help ensure those impacted by the storm get the tax relief they're entitled to.
  
   
• IRS Announces Additional Agreements to Assist Disaster Victims
  IR-2005-108, Sept. 21, 2005 –– NAEA and AAA-CPA join with IRS to assist taxpayers affected by Hurricane Katrina.
  
   
• Retirement Plans Can Make Loans, Hardship Distributions to Katrina Victims
  IR-2005-105, Sept. 15, 2005 — Victims of Hurricane Katrina and their families can take out loans and hardship distributions from their 401(k) and similar employer-sponsored retirement plans.
  
   
• IRS Extends Diesel Fuel Penalty Relief Due to Hurricane Katrina
  IR-2005-104, Sept. 15, 2005 — The IRS is extending the penalty relief for dyed diesel fuel sold for use or used on the highway.
  
   
• Katrina Relief Workers Have Until Jan. 3 to File and Pay Taxes
  IR-2005-103, Sept. 14, 2005 — Hurricane Katrina relief workers have an extension of time to file their tax returns and pay any taxes due.
  
   
• 5,000 IRS Telephone Operators Register Hurricane Victims for FEMA Benefits
  IR-2005-102, Sept. 14, 2005 — IRS operators are helping FEMA answer telephone calls from Hurricane Katrina victims.
  
   
• Guidance Issued On Temporary Domestic Shipping Operations
  IR-2005-101, Sept. 12, 2005 — New guidance regarding the temporary operation of ships in the domestic trade as a result of Hurricane Katrina.
  
   
• IRS Increases Mileage Rate Until Dec. 31, 2005
  IR-2005-99, Sept. 9, 2005 — Optional standard mileage rates increased for the final four months of 2005.
  
   
• Extra Time Granted for Tax-Exempt Bond Issuers Affected By Katrina
  IR-2005-98, Sept. 8, 2005 — Issuers of tax exempt bonds affected by Hurricane Katrina get additional time to file certain information returns and arbitrage rebate returns.
  
   
• Treasury, IRS Announce Special Relief to Encourage Leave-Donation Programs for Victims of Hurricane Katrina
  IR-2005-97, Sept. 8, 2005 — Special relief supports leave-based donation programs to aid Hurricane Katrina victims.
  
   
• Katrina Victims Will Have Until Jan. 3 to File and Pay Taxes
  IR-2005-96, Sept. 8, 2005 — Victims of Hurricane Katrina will have until Jan. 3, 2006, to file any returns, pay any taxes or make any deposits due.
  
   
• IRS Allows Highway Vehicle Removal of Aviation Fuel Due to Hurricane Katrina
  IR-2005-95 , Sept. 7, 2005 — To alleviate local fuel shortages, vehicles registered for highway use are allowed to remove aviation-grade kerosene (aviation fuel) from certain airports.
  
   
• IRS and AICPA Announce Agreement to Assist Disaster Victims
  IR-2005-94, Sept. 7, 2005 — Partnership to provide assistance with tax issues at FEMA disaster recovery centers in the wake of Hurricane Katrina and other disasters.
  
   
• IRS Expedites Charity Applications, Urges Use of Existing Charities
  IR-2005-93, Sept. 6, 2005 — Review and approval process for new organizations seeking tax-exempt status expedited in order to provide relief for victims of Hurricane Katrina.
  
   
• Treasury and IRS Expand Availability of Housing for Hurricane Victims
  IR-2005-92, Sept. 2, 2005 — Waiver of low-income housing tax credit rules expands the availability of housing for Hurricane Katrina disaster victims and their families.
  
   
• IRS Expands Relief Area for Katrina Victims
  IR-2005-91, Sept. 2, 2005 — IRS expands tax relief to victims in certain areas of Florida, Louisiana, Mississippi, and Alabama.
  
   
• IRS Grants Relief Regarding Certain Employee Plan Contributions
  IR-2005-90, Sept. 2, 2005 — Relief provided in connection with certain employee benefit plans because of damage caused by Hurricane Katrina.
  
   
• IRS Waives Diesel Fuel Penalty Due to Hurricane Katrina
  IR-2005-89, Sept. 2, 2005 — Tax penalty not imposed when dyed diesel fuel is sold for use or used on the highway because of shortages of clear diesel fuel caused by Hurricane Katrina.
  
   
• IRS Creates Disaster Relief Toll-Free Number
  IR-2005-88, Sept. 1, 2005 — Special toll-free telephone number is for taxpayers affected by Hurricane Katrina.
  
   
• IRS Urges Citizens to Seek Qualified Charities for Katrina Help
  IR-2005-86, Sept. 1, 2005 — Citizens seeking to make donations to help Hurricane Katrina victims should seek out qualified charities.
  
   
• IRS Grants Tax Relief for Hurricane Katrina Victims
  IR-2005-84, Aug. 30, 2005 — Taxpayers generally will have until Oct. 31, 2005, to file tax returns and submit tax payments.

Legal Guidance | News Releases

• Announcement 2006-29 — Extends the required placed-in-service date through December 31, 2006, for certain property eligible for the bonus depreciation.
  
   
• Notice 2006-20 — Postpones until Aug. 28, 2006, certain deadlines for taxpayers affected by Hurricane Katrina in Alabama, Louisiana and Mississippi.
   

• Notice 2006-17 —  Postpones until October 16, 2006, the deadline to make an election to deduct in the preceding taxable year certain losses attributable to Hurricane Katrina, Rita, or Wilma. (PDF 14K, 4 pages)   
  
   
• Notice 2006-12 — Allows additional time for hurricane victims to comply with obligations relating to backup withholding on reportable payments due to notification that the payee’s taxpayer identification number (TIN) is incorrect.  (PDF 19K, 6 pages)
  
   
• Notice 2006-11 — Provides relief from certain low-income housing credit requirements as a result of the devastation caused by Hurricane Rita. (PDF 22K, 7 pages)
  
   
• Notice 2006-10 — Discusses the income and employment tax treatment of special allowances paid by federal executive agencies to employees and their dependents to reimburse certain expenses incurred while evacuating from the core disaster area and staying at a safe haven. (PDF 16K, 5 pages)
  
   
• Notice 2005-92 — Provides guidance on distributions from eligible retirement plans and plan loans under sections 101 and 103 of P.L. 109-73, the Katrina Emergency Tax Relief Act of 2005, (KETRA). (PDF 53K, 16 pages)
  
   
• Notice 2005-89 — Describes temporary relief available for certain REITs and taxable REIT subsidiaries that provide accommodations to persons affected by Hurricanes Katrina and Rita. (PDF 14K, 5 pages)
  
   
• Notice 2005-84 — Describes additional relief relating to minimum funding standards for certain employee benefit plans as a result of Hurricane Katrina. (PDF 16K, 3 pages)
  
   
• Notice 2005-73 — Summarizes and clarifies the relief previously granted to taxpayers affected by Hurricane Katrina. (PDF 25K, 12 pages)
  
   
• Announcement 2005-71 — Optional Standard Mileage Rates. (PDF 9K, 2 pages)
  
   
• Announcement 2005-69 — Disaster relief for issuers of tax-exempt bonds affected by Hurricane Katrina. (PDF 11K, 3 pages)
  
   
• Announcement 2005-70 — Hurricane Katrina Relief (relating to loans from retirement plans and hardship distributions). (PDF 17K, 4 pages)
  
   
• Notice 2005-60 — Relief from minimum funding requirements for employee benefit plans. (PDF 15K, 3 pages)
  
   
• Notice 2005-65 — Announcement of Rules Relating to the Temporary Operation of Ships in the Domestic Trade as a Result of Hurricane Katrina. (PDF 14K, 5 pages)
  
   
• Notice 2005-66 — This notice under section 7508A postpones the deadlines for certain acts performed by the Internal Revenue Service with respect to certain taxpayers affected by Hurricane Katrina. (PDF 14K, 5 pages)
  
   
• Notice 2005-68 — Treatment of Certain Amounts Paid to Section 170(c) Organizations under Certain Employer Leave-Based Donation Programs. (PDF 10K, 2 pages)
  
   
• Notice 2005-69 — Relief from Certain Low-Income Housing Credit Requirements Due to Hurricane Katrina. (PDF 17K, 7 pages)