Illinois Tax Relief for Victims of Flood
- Sales Tax News
- Jan 20, 2016 | Gail Cole
Severe storms at the end of last year triggered flooding throughout the Illinois, Ohio and Mississippi River valleys. Damage from the floods is widespread and includes destroyed or severely damaged homes, businesses, bridges, highways and railways.
In response to the devastation, Illinois Governor Bruce Rauner has proclaimed disaster areas in the following counties:
- St. Clair
Penalty and interest waivers are available for individuals and businesses in the affected areas who are directly impacted by the December 2015 floods (and possible subsequent floods). Gov. Rauner urges people to focus on recovery, not deadlines:
“Right now, our impacted communities are dealing with catastrophic damage as a result of the flooding. Now is the time to focus on healing and recuperation, not deadlines. Once these affected families and businesses have had the opportunity to recuperate, they can gather the essential paperwork to file their returns and pay taxes.”
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