Tax Relief

Tax Relief Update for Individuals, C-Corporations, trusts, & Single Member Limited Liability: Extended Deadlines for Los Angeles County

Tax Relief Update for C-Corporations & Single Member Limited Liability: Extended Deadlines for Los Angeles County In response to the recent wildfires, both the Internal Revenue Service (IRS) and the California Franchise Tax Board (FTB) have extended tax filing and payment deadlines for businesses, residents, and tax preparers located in Los Angeles County. Affected taxpayers now have until October 15, 2025, to file their returns and make any required payments. … Read more

Tax Relief for Los Angeles County Wildfire Victims: Extended Deadlines & Property Tax Relief

Tax Relief for Los Angeles County Wildfire Victims: Extended Deadlines & Property Tax Relief In response to the devastating wildfires in Los Angeles County, federal and state authorities have announced significant tax relief measures for affected taxpayers. At CAPATA, we are closely monitoring these developments to ensure our clients receive the support they need. Federal and State Income Tax Extensions The California Franchise Tax Board (FTB) has aligned with these … Read more

IRS Announces Tax Relief for Los Angeles County Wildfire Victims-Tax Updates with CAPATA

IRS Announces Tax Relief for Los Angeles County Wildfire Victims–Tax Updates with CAPATA In response to the devastating wildfires and straight-line winds that began on January 7, 2025, in Southern California, the Internal Revenue Service (IRS) has announced significant tax relief measures for individuals and businesses in affected areas. These measures aim to provide financial and logistical relief to taxpayers navigating the aftermath of these disasters. Who Qualifies for Tax … Read more