The Internal Revenue Service (IRS) has put forth a tax relief initiative to aid residents and businesses affected by the devastating floods in South Carolina. This would include filing deadline extensions, grants of relief for applicable late payments, and claiming of losses. The initiative is driven by the recent disaster declaration for individual assistance in several South Carolina counties by the Federal Emergency Management Agency. Click here for a complete list of qualifying counties and the program that covers them, or call the IRS Disaster Hotline at 866-562-5227.

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If you have any questions about how this tax relief may affect you or your business, please contact your WebsterRogers tax specialist at (843) 665-5900.