On Saturday, April 13, 2024, President Biden issued a major disaster declaration for specified California counties. The declaration “authorizes federal funding for state, tribal, and eligible local governments and certain nonprofits.” However, it does not contain business and individual relief. It is unclear at this point whether this declaration will result in the IRS and FTB granting tax filing and payment postponement relief.
We have reached out to and are awaiting additional guidance from the IRS. We anticipate that should the IRS provide postponement relief, the FTB will as well. At this late stage we advise taxpayers to be ready to file and make payments today. However, we will update you as soon as we have additional information.
The counties in which federal governmental assistance has been approved are:
- Butte;
- Glenn;
- Los Angeles;
- Monterey;
- San Luis Obispo;
- Santa Barbara;
- Santa Cruz;
- Sutter; and
- Ventura.
The President’s declaration is available at:
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