Lindquist, von Husen & Joyce LLP.

  • About
    • Mission & Values
    • Leadership
    • BKR International
    • Our History
  • Services
    • Audit & Attestation
    • Tax
    • Business Advisory & Other Services
  • Expertise
    • Affordable Housing & Real Estate
      • CAS+ for Affordable Housing
    • Not-For-Profits
    • Individuals & Families
    • Closely Held Businesses
    • Client Success Stories
  • Resources
    • Blog
    • Tax Guide
  • News & Events
    • Firm News
    • Events
    • Industry News
  • Careers
    • Benefits
    • Professional Development
    • Life at LvHJ
    • Meet Our People
    • Open Positions
  • Contact
  • Client Portal

Client Portal

Forgot password?

IRS Updates Tax Relief Again for California Storm Victims

March 08, 2023   |   Posted in: Tax Laws

lightning and rain around California houses

On February 24, 2023, the Internal Revenue Service announced that disaster areas in California (and parts of Alabama and Georgia) now have until October 16, 2023, to file various federal individual and business tax returns and make tax payments.  Previously, the deadline had been postponed to May 15 for these areas.

Please see our February article for more information!

View Article

 For California taxpayers in designated disaster areas, the additional relief postpones until October 16, various state tax filing and payment deadlines, including those for most calendar-year 2022 individual and business returns. This includes: 

  • Individual income tax returns, originally due on April 18, 2023;
  • Various business returns, normally due on March 15, 2023, and April 18, 2023; and
  • Returns of tax-exempt organizations, normally due on May 15, 2023.

Eligible taxpayers will have until October 16 to make 2022 contributions to their IRAs and health savings accounts.

The October 16 deadline also applies to the estimated tax payment for the fourth quarter of 2022, originally due on January 17, 2023. This means that taxpayers can skip making this payment and instead include it with the 2022 return they file on or before October 16.

The October 16 deadline also applies to any estimated taxes due on April 18, June 15, and September 15. It also applies to the quarterly payroll and excise tax returns normally due on January 31, April 30, and July 31. 

On March 2, 2023, California announced conforming to the IRS extended filing and payment deadline of October 16, 2023. This applies to all returns due prior to the October 16 deadline. It also applies to any estimated taxes that are due prior to October 16, as well as the June 15, 2023, passthrough entity elective tax payments.

If you have questions about the new extended deadline, please talk to your tax team here at LvHJ.

Read: First Announcement


 

 

 


Recent Posts

  • After the Audit: How to Assess Improvements
  • Can Total Compensation Really Make a Difference in Tax Accountant Jobs and CPA Jobs?
  • IRS Updates Tax Relief Again for California Storm Victims
  • Beware the five-year rule for Roth IRA withdrawals
  • Why You Should Get a Nonprofit Loan Right Now

Categories

  • Affordable Housing
  • Business Advisory Services
  • Case Studies
  • Charitable Giving
  • Individual Tax
  • Not For Profit
  • Professional Development
  • Tax Laws
  • Timely News
  • Uncategorized

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • June 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017

Tags

179 accounting careers Affordable Housing affordable housing CPA alternate valuation date audit audit planning Blog Blog Post California California storm update Careers charitable donations CPA careers employees estate estate tax executor extension IRS isolation LIHTC major gifts May 2023 mental health nonprofit Not for Profit Professional Development San Francisco succession tax Tax Credit Compliance taxes tax expert california tax jobs tax planning tax reform tax relief tax services California transfer of assets valuation date wellness will workplace year 15 buyouts

Connect with us on

  • About
  • Services
  • Expertise
  • Resources
  • News & Events
  • Careers
  • Contact
  • Client Portal
©2023 Lindquist, von Husen & Joyce LLP. All Rights Reserved.