Wednesday, April 18, 2007

Flooded Returns

On Monday, Scot Pannepacker, partner in the Princeton, N.J., firm of Lear & Pannepacker, was surrounded by more than tax returns. The firm's office overlooks a brook that became more of a river, if not a lake, as a Nor'easter pounded the east coast, flooding low-lying areas even miles inland - like Princeton. "It feels like we're on a boat," he told the Times of Trenton. "Our clients are very sympathetic; hopefully the IRS will be, too, if some payments get missed."

Fortunately, later in the day the IRS said it would, indeed, give taxpayers impacted by the storm an additional 48 hours to file.

Stranded CPA battles tax deadline [Times of Trenton]

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