**California Extends Tax Deadline for Los Angeles County Residents Affected by Wildfires**
In a bid to support those impacted by the recent devastating wildfires in Los Angeles County, California Governor Gavin Newsom announced that the state is extending tax deadlines for affected individuals and businesses. This decision comes as a relief for many who are struggling in the aftermath of the destructive fires.
**Relief Measures for Taxpayers**
Taxpayers in L.A. County will now have until October 15 to file their California tax returns for the 2024 income year. Additionally, any tax payments that were originally due between January 7 and October 15 will now also be extended to the new deadline. This extension aims to ease the financial burden on those who have been directly affected by the wildfires.
State Controller and FTB Chair Malia Cohen emphasized the urgency of this relief measure, stating that California is currently facing one of the most devastating fire seasons in recent history. The wildfires have resulted in loss of life, displacement of families, and destruction of entire communities. In light of this, the state is committed to providing support to those in need during this challenging time.
**Who is Eligible for the Postponement?**
The tax deadline extension applies to a variety of individuals and entities, including those whose tax returns and payments are typically due on April 15, as well as quarterly tax payments due on January 15, April 15, June 15, and September 15. Businesses with corporate or pass-through entity tax returns due in March and April, as well as pass-through entity elective tax payments usually due in March and June, are also eligible for the postponement. Additionally, tax-exempt organization returns usually due in May will benefit from the extended deadline.
**Supporting Those in Need**
As we witness the devastating impact of the wildfires on our communities, it is heartening to see the state take proactive measures to assist those affected. By extending tax deadlines, California is providing much-needed relief to individuals and businesses struggling to recover from the destruction caused by the wildfires.
Let us stand together in solidarity with our fellow Californians during this challenging time, offering support and compassion to those who need it most. Remember, in times of crisis, our strength lies in our unity and collective resilience.