California Wildfires: IRS Offers Tax Relief with Extended Deadline

2025-01-13
California Wildfires: IRS Offers Tax Relief with Extended Deadline
Fortune

The IRS has announced an extension on tax deadlines for individuals and businesses affected by the California wildfires, providing relief to those in Los Angeles and other impacted areas. This move aims to alleviate stress on those affected, allowing them to focus on recovery efforts. With the new deadline, taxpayers can now prioritize rebuilding and seeking disaster relief, rather than worrying about meeting the original April 15 tax filing deadline, making it a welcome extension for those impacted by the natural disaster, including tax planning and financial support.

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