SeeSALT Blog
The California Franchise Tax Board (FTB), California Department of Tax and Fee Administration (CDTFA) and California Employment Development Department (EDD) announced tax relief for certain California counties affected by severe winter storms.
The FTB automatically extended the filing and payment deadlines for businesses and individuals in San Diego County (only), until June 17, 2024. This relief applies to deadlines falling on or after January 21, 2024, and before June 17, 2024. This includes business entities whose tax returns and payments are due March 15th and April 15th, individuals whose tax returns and payments are due April 15th, pass-through entity election payments due March 15th, and quarterly estimated tax payments due April 15th. Because the severe winter storms were designated as a Presidentially Declared Disaster, affected taxpayers may also be able to claim a disaster loss deduction when filing either an original or amended return for the 2023 or 2024 tax year.
CDTFA relief applies to the counties of Humboldt, Imperial, Los Angeles, Monterey, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, San Mateo, Santa Barbara, Santa Cruz, and Ventura. The CDTFA is permitting taxpayers to apply for an extension of up to three months to file and pay taxes and fees without incurring interest and penalties. Relief is available for taxes and fees including the sales and use tax, alcoholic beverage tax, cannabis tax, and various fuel taxes. Application instructions and a complete listing of eligible taxes and fees are available on the CDTFA’s website.
EDD relief applies to the counties of Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara and Ventura. The EDD is permitting taxpayers to apply for an extension of up to two months to file and pay payroll taxes, including Unemployment Insurance (UI), Employment Training Tax (ETT), State Disability Insurance (SDI), and California Personal Income Tax (PIT). When requesting an extension, employers must specifically state that the request is made pursuant to section 1111.5 of the CUIC. The request must also provide detailed information as to why the report(s) and/or payment(s) could not be submitted in a timely manner and must be submitted before or within two months of the original delinquent date of the return or payment. Application instructions are available on the EDD’s website.