[US] California wildfire victims get IRS tax extension

[US] California wildfire victims get IRS tax extension
27 Oct 2020

The IRS has announced that people who were victims of the California wildfires, which began on September 4, will now have until January 15, 2021, to file various individual and business tax returns and make tax payments. This relief has been offered to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. 

The areas currently eligible include Fresno, Los Angeles, Madera, Mendocino, San Bernardino, San Diego and Siskiyou counties in California but taxpayers living in places subsequently added to the list will automatically receive the same filing and payment relief. The relief is separate from the help provided after the California wildfires that began on August 14. The new tax relief postpones tax filing and payment deadlines from September 4, 2020, on. Forbes has further details.

The IRS has announced that people who were victims of the California wildfires, which began on September 4, will now have until January 15, 2021, to file various individual and business tax returns and make tax payments. This relief has been offered to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual assistance. 

The areas currently eligible include Fresno, Los Angeles, Madera, Mendocino, San Bernardino, San Diego and Siskiyou counties in California but taxpayers living in places subsequently added to the list will automatically receive the same filing and payment relief. The relief is separate from the help provided after the California wildfires that began on August 14. The new tax relief postpones tax filing and payment deadlines from September 4, 2020, on. Forbes has further details.