Governor Newsom’s office has announced that it will conform to the IRS’s postponement of filing and payment deadlines to October 16, 2023, for taxpayers located in all California counties except the following:
- Imperial;
- Kern;
- Lassen;
- Modoc;
- Plumas;
- Shasta; and
- Sierra.
This applies to all returns due prior to the October 16, 2023, deadline. It also applies to any estimated taxes that are due prior to October 16, as well as the March 15 and June 15 passthrough entity elective tax payments.
While the extension applies to payroll tax returns, it does not apply to employment and excise tax deposits.
The Governor’s press release is available at:
www.gov.ca.gov/2023/03/02/more-time-to-file-state-taxes-for-californians-impacted-by-december-and-january-winter-storms/ New tax regulations in California have introduced several changes aimed at providing relief to residents. These updates are particularly beneficial for individuals and businesses affected by recent natural disasters. Understanding these changes is essential for ensuring compliance and maximizing potential benefits.
California llc formation requirements are crucial for anyone looking to establish a business in the state. It’s important to gather all necessary documents and understand the filing process to ensure a smooth creation of your company. Additionally, consulting with a legal professional can help navigate any complexities involved in the formation.
This article is reproduced with permission from Spidell Publishing, Inc.If you have questions or would like more information,
connect with one of our tax professionals.
