The California Franchise Tax Board Oct. 26 announced updated information on deadline extensions for filing and paying individual income, corporate income, and trust income taxes for taxpayers impacted by the terrorist attacks in Israel and winter storms in California. California automatically follows the federal Internal Revenue Service (IRS) extended deadlines to file and pay taxes when the IRS declares an extended deadline for a specific disaster. The information includes deadline extensions for taxpayers affected by: 1) the terrorist attacks in Israel for tax year 2023, allowing affected individuals until Oct. 7, 2024, to fulfill their tax obligations; and 2) severe ...
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