Hurricane Harvey and Irma have left a wake of not only destruction, but confusion when it comes to taxes. The IRS has expanded taxpayer relief programs and other assistance. MBAF is here to help you understand the tax implications and programs now in effect.

This FAQ document will help you understand the tax implications and taxpayer relief programs as a result of these storms.

  • How do I know I’m eligible for disaster relief?
  • What federal tax filings and tax payments qualify for the postponement?
  • Will interest and penalties also be waived?
  • Are FBAR filings also extended?
  • And more…

Please don’t hesitate to contact your MBAF professionals with questions.

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