Louisiana Offers Tax Relief For Hurricane Francine Victims: What You Need To Know
BATON ROUGE, La. (KPEL News) - Good news for residents trying to clean up and pick up the pieces in the aftermath of Hurricane Francine which hit the Southeast Louisiana coastline last week. The Louisiana Department of Revenue is granting automatic filing and payment extensions to individual and business taxpayers affected by Hurricane Francine.
The extensions are available to taxpayers whose homes, principal places of business, critical tax records or paid tax preparers are located in federally declared disaster areas following Hurricane Francine, which includes all 64 Louisiana parishes.
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Who Qualifies For Relief?
Returns and payments eligible for these extensions include the following Louisiana state taxes due on or after September 11, 2024:
- Corporation franchise
- Corporation income
- Estimated income
- Excise
- Individual, fiduciary and partnership income
- Sales
- Severance
- Withholding
Taxpayers do not need to request these extensions. LDR will apply them automatically to the tax accounts of eligible taxpayers. Eligibility is based on the taxpayer’s address on file with the department. If a taxpayer’s location address is not within Louisiana, the taxpayer may still be eligible for interest and penalty relief even though an automatic extension did not apply.
Just remember, this is not an excuse to not pay your taxes. This is an effort to allow more flexibility and time to pay those taxes, you are still required to pay the original amount owed before the storm made landfall.
For more information, including the extended due dates for each tax type, Visit www.revenue.louisiana.gov/HurricaneFrancine.