This week both the IRS and the State of California further extended the filing and payment deadlines from May 15, 2023 to October 16, 2023 to Californians living in counties affected by the January storms.
Please continue to send us your tax information as soon as it becomes available to ensure tax returns are completed in a timely and efficient manner, and that postponed payments can be properly quantified and communicated.
If you decide to delay tax payments until October 16, consider holding funds in an interest-bearing account. Consult your investment advisor.
If your 2021 tax return filing address was in one of the counties listed below, the IRS has already granted you relief. Please contact us if your filing address was not in one of the counties listed below, as we might be able to secure relief on your behalf.
The following filings, payments, and certain contributions and exchanges normally due between January 15 and September 15 are extended to October 16:
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Individual and business tax returns
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2022 Q4 estimated tax payments, as well as Q1, Q2 and Q3 2023 estimated tax payments
- Tax-exempt organization returns
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2022 remaining California PTET payments and 2023 first installment PTET payments
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IRA and health savings account (HSA) contributions
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Q4 2022, Q1 and Q2 2023 quarterly payroll and excise tax returns. Tax deposits for employment and excise taxes are still due by their original dates
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1031 exchange identification and closing of the replacement property
The relief is automatically available to California taxpayers who reside or have a business in the following counties:
Alameda ~ Alpine ~ Amador ~ Butte ~ Calaveras ~ Colusa ~
Contra Costa ~ ~ Del Norte ~ El Dorado ~ Fresno ~ Glenn ~
Humboldt ~ Inyo~ Kings ~ Lake ~ Los Angeles ~ Madera ~ Marin ~
Mariposa ~ Mendocino ~ Merced ~ Mono ~ Monterey ~ Napa ~ Nevada ~ Orange ~ Placer ~ Riverside ~ Sacramento ~ San Benito ~
San Bernardino ~ San Diego ~ San Francisco ~ San Joaquin ~
San Luis Obispo ~ San Mateo ~ Santa Barbara ~ Santa Clara ~
Santa Cruz ~ Siskiyou ~ Solano ~ Sonoma ~ Stanislaus ~ Sutter ~
Tehama ~ Trinity ~ Tulare ~ Tuolumne ~ Ventura ~ Yolo ~ Yuba
The Federal and California news releases are available here:
https://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-severe-winter-storms-flooding-and-mudslides-in-california#:~:text=WASHINGTON%20%E2%80%94%20Victims%20of%20severe%20winter,Internal%20Revenue%20Service%20announced%20today
https://www.gov.ca.gov/2023/03/02/more-time-to-file-state-taxes-for-californians-impacted-by-december-and-january-winter-storms/
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