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IRS Delays Federal Tax Deadlines for Louisiana Winter Storms; Stay Ahead of the Curve

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Louisiana individuals and businesses now have until June 15, 2021, to file various federal tax returns and make tax payments, the IRS said Wednesday following a recent FEMA disaster declaration related to the February 11-19, 2021, winter storms.

This includes Individuals and households affected by winter storms that reside or have a business in all 64 parishes.

The Louisiana Department of Revenue has indicated it is working on state tax return relief provisions for the winter storms, but only for parishes with FEMA individual and public assistance. Ericksen Krentel will continue to monitor this situation and provide updates as necessary.

Even though both the tax filing and payment deadlines have been extended to June 15, 2021, we encourage you to get your information to us as soon as possible so your return can be prepared. We want to ensure we have adequate time to help you leverage tax savings opportunities.

Here are a few reminders of processes that may make interactions more convenient and efficient:

  • We encourage you to submit tax documents and workpapers electronically though our secure client portal, a link to which can be found on our website or by clicking here. You may also upload information via ShareSafe, a link to which can be found in any of your Ericksen Krentel professionals’ email signatures or by clicking here. Please contact your Ericksen Krentel professional if you are not registered for these delivery methods or need assistance using them. We ask that you upload or send your documents, either through ShareSafe, the Client Portal or email, if possible, as it will help us expedite processing your information via our tax systems.
  • We will attempt to deliver client returns and reports electronically when we can. If you need to physically drop off information at the office, we will accept it at the front desk with some precautions being taken.

    We also have a mail slot in our front door at of our office, 4227 Canal Street, where envelopes and packages can be inserted. Please put a contact name on the envelope if delivering by this method. Alternatively, you can mail or overnight documents to our office.

    However you plan to submit your information, please let your Ericksen Krentel professional know which method you are using.

  • If a video conference is necessary, please contact your Ericksen Krentel professional who can arrange a video conference meeting with you.

We are monitoring actions and programs established by federal and state government and assessing their impact on you. As a reminder, you can always monitor our COVID-19 Updates webpage by clicking here for the latest or monitoring our accounts on LinkedIn, Twitter or Facebook.

About Ericksen Krentel

Ericksen Krentel CPAs and Consultants, founded in New Orleans, Louisiana in 1960 with offices in New Orleans and Mandeville, believes that serving as the clients’ most trusted adviser is grounded in going beyond the numbers.

That includes helping clients achieve their business and personal financial goals by providing innovative and exceptional services in the following areas: audit and assurance services, tax compliance and planning, outsourced CFO services and business valuations for a variety of industries; employee benefit plan audits; fraud and forensic accounting; business planning; IT consulting; loss calculations; and estate planning.

Learn more at www.ericksenkrentel.com.

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