California Winter Storm Tax Relief

The IRS and Gov­er­nor New­som have recent­ly announced sig­nif­i­cant tax relief for Cal­i­for­nia tax­pay­ers impact­ed by the dev­as­tat­ing win­ter storms in Decem­ber 2022 and Jan­u­ary 2023.

This relief pro­vides for the following:

  1. The post­pone­ment of the pay­ment of most tax­es that would have oth­er­wise been due until Octo­ber 16, 2023. This gen­er­al­ly includes per­son­al and busi­ness income tax pay­ments due with 2022 tax returns, as well as required esti­mat­ed income tax pay­ments that would nor­mal­ly be due in April, June, and Sep­tem­ber 2023.
  2. An extend­ed fil­ing dead­line for indi­vid­ual and busi­ness tax­pay­ers until Octo­ber 16, 2023.

Please click on the links below for more detailed infor­ma­tion on this time­ly and valu­able gov­ern­ment assistance.

IRS Press Release CA Press Release Affect­ed Tax Payers