State Department of Taxation and Finance Commissioner Thomas Mattox has extended a number of filing and tax-payment deadlines for taxpayers and businesses impacted by Superstorm Sandy. He announced the changes after Gov. Andrew Cuomo declared a state disaster emergency for New York.
Deadlines that fall on or after Oct. 26 and before Nov. 14 all have been postponed to Nov. 14. Interest at the appropriate underpayment rate applies to payments received after Nov. 14.
There are a few exceptions, including remittances of income tax withheld by employers required to be made with Form NYS-1, Return of Tax Withheld; and remittances of withholding tax or Metropolitan Commuter Transportation Mobility Tax required to be made through the PrompTax system.
The extension does apply to protective claims filed in case the Metropolitan Commuter Transportation Mobility Tax is overturned in the future. The tax applies to businesses with quarterly payrolls of more than $312,500 in New York City and the other seven counties in the Metropolitan Transportation Authority service area.
The IRS announced earlier this week that it was extending certain deadlines because of Superstorm Sandy.
This is the full notice released by the Department of Taxation and Finance: