On Friday, February 24th, the Internal Revenue Service (IRS) announced an additional extension to tax filing deadlines for Californians impacted by recent historic storms. The new deadline for filing will be Oct. 16, 2023. The extension allows taxpayers living in affected counties additional time to file their 2022 tax returns and pay any associated income taxes without penalty. This replaces the previous extended deadline of May 15th.
As of March 2, 2023, the Governor’s office confirmed that it will conform to the IRS’s extended filing deadline of Oct. 16, 2023, for counties affected by December and January’s winter storms.
Please contact your Bowman & Company financial advisor with any questions or concerns regarding this extension.
To read the full IRS announcement, click here.
To read the full announcement from the Office of the Governor, click here.
For a current list of affected areas, click here.
Sources:
- https://www.irs.gov/newsroom/irs-may-15-tax-deadline-extended-to-oct-16-for-disaster-area-taxpayers-in-california-alabama-and-georgia
- https://cpabowman.com/blog/irs-announces-tax-filing-extension-for-california-storm-victims/
- https://www.gov.ca.gov/2023/03/02/more-time-to-file-state-taxes-for-californians-impacted-by-december-and-january-winter-storms/
- https://www.irs.gov/newsroom/tax-relief-in-disaster-situations