Affect of Disasters & Force Majeure
A collection of textile samples lay spread out on the table - Samsa was a travelling salesman - and above it there hung a picture that he had recently cut out of an illustrated magazine and housed in a nice, gilded frame.
When certain natural disasters occur, the affected area can be declared a “Presidentially-Declared Disaster Area”, which allows the IRS the ability to grant an Extension Period to Affected Taxpayers to file tax returns or make tax payments, including estimated tax payments, that have either an original or extended due date falling within this Period. The 45-day identification deadline or 180-day exchange period deadline can also be extended in that declaration.