The Internal Revenue Service (IRS) has announced extended tax filing and payment deadlines for Tennessee residents and businesses impacted by the severe weather events that began on April 2, 2025. This relief measure provides affected taxpayers until November 3, 2025, to file returns and make payments that were originally due between April 2 and November 3, 2025. The extension covers a wide range of tax obligations, including individual income tax returns, contributions to IRAs and health savings accounts, and quarterly estimated tax payments among others.
In alignment with federal efforts, the Tennessee Department of Revenue is also offering extensions for state taxes, such as franchise and excise taxes. Taxpayers seeking state tax relief are advised to email Revenue.DisasterExtension@tn.gov with necessary details to request an extension. This coordinated response aims to alleviate the financial burden on those affected by the storms, allowing them more time to recover without the added stress of immediate tax compliance.
Miller & McPhail CPA, a local accounting firm, is stepping forward to assist clients in navigating these extensions. They emphasize the importance of using this additional time for strategic tax planning and encourage individuals and businesses to seek professional guidance to ensure compliance with both federal and state tax obligations. For more information, visit https://www.millerandmcphailcpa.com.
This extension is a critical lifeline for many Tennesseans, providing much-needed flexibility during a challenging period. It underscores the importance of understanding available relief options and taking proactive steps to address tax responsibilities in the wake of natural disasters.
