US IRS Relief for California Wildfires

Published on: Jan 15, 2025

On Jan. 10, US IRS reported CAL survivors are eligible for tax relief.

  • US IRS reported tax relief for individuals and business impacted by California wildfires.
  • Taxpayers now have until Oct. 15, 2025, to file various federal individual and business tax returns and make tax payments, applicable to those areas designated by FEMA.
  • Eligibility and Relief Available
  • Programs to help individuals and business owners recover from fires beginning Jan. 7.
  • Tax relief postpones payment and filing deadlines for any submissions due to the US IRS between start of wildfires on Jan. 7, 2025 to the revised deadline of Oct. 15, 2025.
  • Applies to tax returns and payments, IRA/HSA contributions, payroll and excise taxes, calendar year returns for partnerships and S corporations, and estimated tax payment.
  • Provides filing or penalty relief to taxpayers with IRS address of record located in the disaster area, uninsured or unreimbursed loss for claim on 2024 or 2025 filing return.
  • Deadline
  • Revised filing and payment deadline is Oct. 15, 2025.
Regulators
US IRS
Entity Types
CNSM; Corp
Reference
PR IR-2025-10, 1/10/2025;
Functions
Accounting; Compliance; Financial; Legal; Operations; Reporting; Tax
Countries
United States of America
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
Am
Rule Date
Jan 10, 2025
Effective Date
Oct 15, 2025
Rule ID
240097
Linked to
N/A
Reg. Last Update
Jan 10, 2025
Report Section
US Investment