 |

Call (800) 735-1031 or click here
to begin the process immediately!


|
 |
|
Timeline Extension for March Storms in Arkansas
Timeline Extension for March Storms in Missouri
Timeline Extension for March Storms in Georgia
Revenue Procedure for Exchanging Vacation Homes
Timeline Extension for January Storms in Illinois Counties
Timeline Extension for June storms in Oklahoma
Timeline Extension for June storms in Kansas
Timeline Extension for Natural Disaster in Texas
Timeline Extension for May 5th Storm in Missouri
South Dakota: 1031 Exchange Timeline Extension announced on 5/25/07 by the IRS
Timeline Extension for Natural Disaster in Kansas
Revised Timeline Extension for Natural Disaster in five New Hampshire counties and six New Jersey counties
Timeline Extension for Natural Disaster in New Mexico
45 and 180 Day Extensions in Certain Georgia and Alabama Counties for Tornadoes and Storms
Timeline Extension for Natural Disaster in Louisiana |

1031 Exchange Timeline Extension for Natural Disaster in Kansas announced on 5/8/07 by the IRS:
The information below falls in line with the recent trend that the IRS has taken on granting extension for Natural Disasters.
45 and 180 Day Extensions in Kiowa County, Kansas for May 4th Presidential Disaster
On May 8, 2007, the IRS issued the announcement below for Kiowa County in Kansas.
All of the following criteria must be met to get the extension:
- The taxpayer is located in this county, regardless of where the relinquished property or replacement property is located, or the taxpayer otherwise has difficulty meeting the exchange deadlines under the conditions in Revenue Procedure 2005-27, section 17; AND
- The relinquished property was transferred (or the parked property was acquired by the EAT in a reverse exchange under Revenue Procedure 2000-37) on or before May 4, 2007;
- The 45 or 180 day deadline falls between May 4, 2007 and July 5, 2007.
The extension is for THE LONGER OF 120 days from the last day of the 45 or 180 day deadline, or until July 5, 2007 (and 120 days is longer since July 5 is less than 120 days from the declared disaster).
Please see the notice below for further details.
http://www.irs.gov/newsroom/article/0,,id=108362,00.html
*Information source FEA
|
 |