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      <ExplanationTxt>Extension 09/30/2025 Notice 2024-72 Extention of time to file and pay all 2023 + 2024 Filings and Tax Payments Notice 2024-72 SECTION I. This notice provides relief under section 7508A of the Internal Revenue Code1 for persons that the Secretary of the Treasury (Secretary) has determined to be affected by the terroristic action in the State of Israel throughout 2023 and 2024. Affected Taxpayers.. Any individual whose principal residence, and any business entity or sole proprietor whose principal place of business, is located in the State of Israel Any individual, business entity... whose tax return preparer or records... are located in the covered area; Affected taxpayers have until September 30, 2025, to file tax returns, make tax payments, and perform certain time-sensitive acts listed in 301.7508A-1(c)(1) and Revenue Procedure 2018-58, 2018-50 IRB 990 (December 10, 2018), .... Any taxpayer acts that are due to be performed on or after September 30, 2024, and before September 30, 2025, are postponed until September 30, 2025. These acts include... Filing any return of income tax Paying any income tax Both the Tax Return Preparer and the President of the Organization, who is responsible for the books and records of the Organization, are located in Israel and therefore this organization is an Affected taxpayer.</ExplanationTxt>
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