California FTB Announces Income Tax Filing, Payment Extension Relief for Hurricane, Wildfire, Seawater Intrusion Victims

The California Franchise Tax Board Oct. 3 announced special state tax relief for taxpayers and businesses affected by Hurricanes Idalia and Lee, wildfires in Maui and Hawaii, and seawater intrusion in Louisiana. Individual income and corporate income taxpayers and businesses in presidentially declared disaster areas are granted an extension until Feb. 15, 2024, to file their 2022 tax returns and make any income tax related payments that would have been due between Sept. 15, 2023, and Jan. 16, 2024. Affected taxpayers who had an Oct. 16 tax filing deadline now have until Feb. 15, 2024, to file. However, tax year ...