IRS, California Extend Tax Deadlines Due to Storms

January 18, 2023

By Cyndi Fuller

The IRS has announced that certain tax deadlines have been postponed due to the disaster declaration in some areas of California.  The Governor’s office has subsequently announced that California will conform with the postponed deadlines. 

This means that taxpayers who reside or have businesses within designated counties will be able to defer complying with various deadlines falling on or after January 8, 2023, and before May 15, 2023.  Taxpayers will have until May 15, 2023 to file returns or pay taxes normally due during this time.  Some deadlines that impact taxpayers within these dates include:

  • Payment of 2022 4th quarter estimated taxes due January 17, 2023;
  • Filing individual and business income tax returns normally due in March and April;
  • Payment of income taxes normally due in March and April;
  • Filing individual and business income tax return extensions;
  • Payment in income tax with extensions
  • IRA and health savings account contributions; and
  • Payment and reporting of quarterly payroll and excise taxes.

The impacted areas designated at this time are:

Alameda Marin Sacramento Santa Cruz
Colusa Mariposa San Benito Solano
Contra Costa Mendocino San Bernardino Sonoma
El Dorado Merced San Diego Stanislaus
Fresno Mono San Francisco Sutter
Glenn Monterey San Joaquin Tehama
Humboldt Napa San Luis Obispo Tulare
Kings Orange San Mateo Ventura
Lake Placer San Santa Barbara Yolo
Los Angeles Riverside Santa Clara Yuba
Madera      

This relief is also extended to taxpayers who do not live or work within a designated area but whose records are located in the affected area.  Taxpayers impacted in this way should contact their advisors for further guidance. 

This relief is expected to be automatic; however, taxpayers may receive notices assessing penalties for postponing.  These penalties can be abated by contacting the IRS.

Taxpayers within the disaster areas also have the ability to claim disaster-related casualty losses on their 2023 or 2022 federal income tax returns.  This provides taxpayers with the opportunity to receive the tax benefit more quickly.  This applies to uninsured or unreimbursed disaster losses.

Please reach out to your advisor with any questions.

About Cyndi I. Fuller

Cyndi Fuller is a Partner in the firm. With over 13 years of experience, Cyndi has developed her expertise in multi state taxation, real estate, professional services, SAAS and E-commerce.