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Tuesday, dec 3
Tag:
Winter Storm Quinn
News
Con Ed, Orange & Rockland Utilities Fined $10.75M For Response To 2018 Winter Storm
While still catching heat for their response to Tropical Storm Isaias, utility companies in the Hudson Valley have been ordered to pay a record settlement for their response to the 2018 winter storms that left thousands in the dark. The New York State Public Service Commission announced a $10.75 million settlement with Con Edison and Orange & Rockland Utilities over their preparation and responses to storms in 2018 that left 293,000 customers without power. Under the terms of the agreement, the companies agree to settle alleged violations of their emergency response plans for a combined…
Business
IRS Extends Tax Deadline To File For Hudson Valley Small Businesses
Due to this winter's series of severe winter storms, the Internal Revenue Service has extended the deadline for small businesses to seek extensions.Taxpayers who were unable to file their business tax returns can request an automatic extension by filing Form 7004, a one-page form on or before March 20. Prior to this IRS decision, businesses that were without power this month would have been penalized for filing for this extension after March 15. Form 7004 provides a six-month extension for returns filed by partnerships (Forms 1065 and 1065B) and S corporations (Forms 1120S). A link to Form…