After COVID-19, shelter-in-place orders, protests, loss of jobs, remote learning, etc., many are wondering, “What’s next? Godzilla?!”. For some, natural disasters have come instead.
If the President declares a natural disaster, the IRS and DOL are able to issue special extensions for particular deadlines. Information found below strictly follows the Health and Welfare Form 5500.
For the first time, Wrangle has dedicated a blog post to list out the leading natural disasters that have occurred since August and have, in turn, led to special extensions for the Form 5500. If there are any future natural disasters, we will be sure to communicate those as well.
|Natural Disaster||Business located within the counties/parishes affected||The extension applies to deadlines – either an original or extended due date||Relief wording Wrangle will list *||Source|
|California Wildfire – August||Butte, Lake, Monterrey, Napa, Lassen, San Mateo, Santa Cruz, Santa Clara, Solano, Sonoma, Trinity, Tulare and Yolo||On or after August 14, 2020, and before December 15, 2020, are postponed to December 15, 2020.||California Wildfire Relief||https://www.irs.gov/newsroom/irs-announces-tax-relief-for-california-wildfire-victims|
|Hurricane Laura||Louisiana: Allen, Acadia, Beauregard, Caddo, Calcasieu, Cameron, Grant, Jackson, Jefferson Davis, La Salle, Lincoln, Morehourse, Natchitoches, Ouarchita, Rapides, Sabine, St. Landry, Union, Vermillion, Vernon, and Winn||On or after August 22, 2020, and before December 31, 2020, are postponed through December 31, 2020.||Hurricane Laura Relief||https://www.irs.gov/newsroom/irs-announces-tax-relief-for-hurricane-laura-victims|
|Oregon Fire||Clackamas, Douglas, Jackson, Klamath, Lane, Lincoln, Linn, and Marion||On or after September 7, 2020, and before January 15, 2021, are postponed through January 15, 2021.||Oregon Wildfire Relief||https://www.irs.gov/newsroom/irs-announces-tax-relief-for-oregon-wildfires-and-straight-line-winds-victims|
|Hurricane Sally||Alabama: Baldwin, Escambia, and Mobile
Florida: Bay, Escambia, Okaloosa, Santa Rosa and Walton
|On or after Sept. 14, 2020, and before Jan. 15, 2021, are postponed through Jan. 15, 2021.||Hurricane Sally Relief||Alabama:
|Hurricane Delta||Louisiana: Acadia, Calcassieu, Cameron, Jefferson Davis, and Vermillion||On or after October 6, 2020, and before February 15, 2021, are postponed to February 15, 2021 – Hurricane Delta Relief||Hurricane Delta Relief||https://www.irs.gov/newsroom/irs-announces-tax-relief-for-hurricane-delta-victims|
|California Wildfire – September||Fresno, Los Angeles, Madera, Mendocino, Napa, San Bernardino, San Diego, Shasta, Siskiyou, and Sonoma||On or after September 4, 2020, and before January 15, 2021, are postponed to January 15, 2021||CA Wildfire Relief||https://www.irs.gov/newsroom/irs-announces-tax-relief-for-september-california-wildfire-victims|
If the Plan Administrator does receive a late filing or late payment penalty notice from the IRS that has an original or extended filing that falls within the postponement period, the Plan Administrator should call the telephone number on the notice to have the IRS abate the penalty.
Please note:* Wrangle will check the “special extension” box in Part I, Line D of the main body of the Form 5500 and describe the relief on the associated explanation line.
If you have any other questions on this matter or need assistance pinpointing a specific city in one of the disaster areas, feel free to contact Ann McAdam, firstname.lastname@example.org.