The tax deadline for some small businesses affected by disasters in 2024 is drawing near

The tax deadline for some small businesses affected by severe weather in 2024 is drawing near, and the IRS is reminding owners.

Small businesses in all or parts of 14 states and 2 territories that received extensions to file their 2023 returns due to natural disasters will need to file in 2025. Depending on their location, some have a Feb. 3 deadline, and others have a May 1 deadline.

The IRS grants tax extensions to small businesses and others affected by severe weather, such as hurricanes and tornadoes, or natural occurrences, like earthquakes, if the Federal Emergency Management Agency designates them a disaster. Those in designated areas automatically receive the extra time.

All taxpayers in Louisiana, Vermont, Puerto Rico, the Virgin Islands, and parts of Arizona, Connecticut, Illinois, Kentucky, Minnesota, Missouri, Montana, New York, Pennsylvania, South Dakota, Texas, and Washington have the earlier Feb. 3 deadline.

All taxpayers in the entire states of Alabama, Florida, Georgia, North Carolina, and South Carolina, as well as those in parts of Alaska, New Mexico, Tennessee, Virginia, and West Virginia, will have until May 1 to file their 2023 returns. May 1 will also be the deadline for filing their 2024 returns and paying any tax due.

There’s a separate deadline for taxpayers who live or have a business in Israel, Gaza or the West Bank, and some other taxpayers affected by the terrorist attacks in Israel. They have until Sept. 30 to file and pay. This includes all 2023 and 2024 returns.