Anyone taking advantage of automatic tax extension until January for nyc based companies because of Hurricane Ida?

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No, it’s risky as it opens you up to potential audits. I used the Texas storm extension and surprisingly 2 months after the deadline 3 of my clients were flagged.

I’ve never heard of deadline extensions for natural disasters as a cause for audit. You sure it’s not just your work causing the audits?

Some Partners here are considering it, but as far as I know there has been no state guidance issued, so they might bite the bullet and get everything out by 10/15.

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