IRS Notice: Tax Relief for Taxpayers Affected by Terroristic Action in Israel (IRC §7508A)

The IRS published a notice providing relief for taxpayers affected by terroristic action in Israel throughout 2024 and 2025. The notice extends deadlines until Sept. 30, 2026, for affected taxpayers to file returns, make payments, and perform other time-sensitive acts under I.R.C. §7508A. Affected taxpayers include individuals and businesses with principal residences or places of business in Israel, the West Bank, or Gaza, as well as relief workers, visitors who were killed or injured, and others connected to the covered area. The notice also postpones certain IRS government acts and coordinates with previous relief notices from 2023 and 2024. [IRS ...