The IRS announced that storm victims in California, Georgia and Alabama will have until May 15th, 2023 to file their federal personal and business tax returns. In an announcement on January 11th, 2023, the IRS extended the deadline to people where live or have businesses in areas designated by FEMA (Federal Emergency Management Agency). Weather this past winter was so severe in California that these designated areas cover most of the higher populated cities including San Francisco, San Diego, Riverside, Orange, Sacramento and Los Angeles.
Tax filings and payment deadlines that started January 8th will now be postponed in the effort for some tax relief. People who are eligible for later deadline, may file their tax returns and make payments on taxes originally due during this time period. This also includes varios 2022 business returns that would have been due on March11th and April 18th.
Tax payers wanting to make contributions to their IRA’s and health savings account can do so through May 15th 2023 as well.
If you would like to see if you qualify for IRS postponement in California, Click here to read more details about each states tax relief.
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