For taxpayers affected by the Los Angeles wildfires, the Governor’s office announced that California will provide postponed income and franchise tax filing and payment deadlines in alignment with the filing postponement provided by the IRS. This means taxpayers in Los Angeles County will be granted a postponement to October 15, 2025, to file California tax returns on 2024 income and make any tax payments that would have been due January 7, 2025, through October 15, 2025. This applies to all taxpayers located in Los Angeles County, even if they were not directly impacted by the fires.
According to the Governor’s announcement, this includes relief from the following deadlines:
- Quarterly estimated tax payments normally due on January 15, April 15, June 15, and September 15, 2025;
- Passthrough entity elective tax payments normally due on March 15 and June 15, 2025;
- Business entity corporate or passthrough entity tax returns normally due on March 15 and April 15, 2025;
- Individual tax returns and payments normally due on April 15, 2025; and
- Tax-exempt organization returns normally due on May 15, 2025.
We confirmed that similar to the relief granted by the IRS, this relief will also apply to taxpayers outside Los Angeles County whose tax professionals are located in Los Angeles County.
In addition, the Governor’s office has announced that the CDTFA will provide an automatic three-month extension for tax filing deadlines for taxpayers within Los Angeles County for those Los Angeles County taxpayers whose 2024 third quarter return was for less than $1 million in tax. This means that the January 30 returns are now due April 30, 2025. The CDTFA will also provide Los Angeles County taxpayers relief from interest and penalties and create flexible payment plans for businesses.
The Governor’s announcements are available here and here.
Sign up for Spidell’s 2024/25 Federal and California Tax Update and stay on top of late-breaking news. Click here for details.
