Wisconsin: Tax Relief for Victims of Sandy
- Sales Tax News
- Nov 8, 2012 | Gail Cole
Wisconsin is the latest state in the nation to offer tax relief for victims of Hurricane Sandy, the storm that made history at the end of last month.
Counties in New York, New Jersey, and Connecticut were declared federal disaster areas because of Storm Sandy; other areas are in a state of emergency. The process of recovery has been painstakingly slow, and now a nor'easter has brought more power outages and freezing temperatures to affected areas.
Taking all this into consideration, the Wisconsin Department of Revenue is allowing an extension for affected Wisconsin taxpayers (see below). Taxes that were due beginning October 26 in New Jersey and October 27 in New York and Connecticut are now due by February 1, 2013.
Affected Taxpayers include:
- Taxpayers whose principal residence is located in the covered disaster area.
- Taxpayers whose principal place of business is located in the covered disaster area.
- Taxpayers whose books or tax records are located in the covered disaster area.
- Taxpayers whose tax professionals are located in the covered disaster area.
- Relief workers who are affiliated with a recognized government or philanthropic organization and assisting in the covered disaster area.
Relief Provisions include:
- Estimated tax payments: Estimated tax payments are now due by February 1, 2013.
- Corporation franchise or income tax returns: Federal income tax returns must be filed on or before February 1, 2013. Taxpayers have an additional 30 days beyond February 1, 2013, to file the corresponding Wisconsin returns.
- State sales and use tax, withholding and excise tax returns, reports, and payments: Affected taxpayers with due dates falling on or after the applicable start dates (see above) and before February 1, 2013, may request a 30-day extension of time to file.
Taxpayers seeing an extension for state sales and use tax and witholding and excise tax should contact:
Wisconsin Department of Revenue
PO Box 8949
Madison, WI, 53708-8949
Additional information is available at the Wisconsin DOR.