Property tax filing and payment relief available - Spidell

Property tax filing and payment relief available


The Governor signed an executive order on May 6, 2020, that:

  • Extends the May 7, 2020, deadline for deadline for filing business personal property tax statements (Form 571-L) until May 31, 2020; and
  • Provides relief for some taxpayers who were unable to make their April 10, 2020, property tax payments, by suspending penalties, costs, and interest for those late payments until May 6, 2021.

Relief for the late April property tax payments is only available to taxpayers who demonstrate they have experienced financial hardship due to the pandemic, for taxes paid on:

  • Residential real property occupied by the taxpayer; and
  • Real property owned and operated by a small business (defined under the Small Business Administration regulation 13 C.F.R. 121.201).

The taxpayer must file a claim for relief (check with the local tax collector’s office for details).

Note: Relief is not available if the payments are made through an impound account.

The executive order can be viewed at:

www.gov.ca.gov/wp-content/uploads/2020/05/5.6.20-EO-N-61-20-text.pdf

Sign up for Spidell’s Post-Tax Season Update and Review webinar and learn about new planning opportunities resulting from the Families First Act, the CARES Act, the SECURE Act, and more. Our first session has sold out, but click here to see other available dates and register today!