The IRS announced this afternoon that taxpayers in Los Angeles County impacted by the current wildfires have all tax deadlines extended until October 15th. This includes:
- Individual and C-Corporation Tax Returns (and payments of tax) due on April 15th;
- Partnership and S-Corporation Tax Returns (and payments of tax) due on March 17th;
- Estate and Trust Tax Returns due (and payments of tax) on April 15th;
- Tax-exempt Organization Returns due on May 15th;
- First, second, and third quarter Estimated Tax Payments due on April 15th, June 16th, and September 15th; and
- Payroll and excise tax returns due on January 31st, April 30th, and July 31st.
This extension is automatic. It’s possible this will also be extended to taxpayers in Ventura County (the “Kenneth Fire” is burning in that county). UPDATE: Luckily, the Kenneth Fire appears to be 100% contained with minimal damage.
California’s Franchise Tax Board will conform to this extended deadline (California law mandates this). UPDATE: Governor Newsom announced the extension on Sunday.