Still Waiting for Tax Relief Announcement from IRS

Tax Relief due to the 2007 Southern California wildfires has not been issued by the IRS at this point in time. We do expect a tax relief announcement shortly that will include extending the 1031 Exchange deadlines for the 45 day identification period and the 180 day exchange due date.

You can view updated announcements at http://www.exeterco.com/AE_Wire.aspx or read more about the various disaster relief announcements for the 2007 Southern California wildfires at http://www.exeterco.com/income_tax_relief_for_victims_wild_fires.aspx for more complete details.