In the recent days, the IRS and state tax agencies have issued several announcement related to the deferral of tax filing and tax payment obligations. Here’s a summary related to California State Tax Agencies.
CA Income Taxes – Franchise Tax Board (FTB)
The FTB is postponing until July 15, 2020, the filing and payment deadlines for all individuals and business entities for 2019 tax returns, 2019 tax return payments, estimated tax payments for the 1st and 2nd Quarters of 2020, tax year 2020 LLC taxes and fees, and 2020 non-wage withholding payments.
Sales Taxes – California Department of Tax and Fee Administration (CDTFA)
The CDTFA announced that it will assist individuals and businesses impacted by complying with a state or local public health official’s imposition or recommendation of social distancing measures related to COVID-19. This assistance includes granting extensions for filing returns and making payments, relief from interest and penalties, and filing a claim for refund. However, there’s no automatic extension or automatic relief of penalties. Taxpayers or their representatives may request assistance by contacting the CDTFA. Requests for relief of interest or penalties or requesting an extension for filing a return may be made through online services. Request for assistance can also be addressed to Customer Service Center at 800-400-7115. Taxpayers may also request assistance in writing by sending a letter to the address below or contacting CDTFA via email.
California Department of Tax and Fee Administration
Return Analysis Unit, MIC 35
PO Box 942879
Sacramento, CA 94279-0035
Employment Taxes – Employment Development Department (EDD)
Employers statewide directly affected by the new coronavirus (COVID-19) may request up to a 60-day extension of time from the EDD to file their state payroll reports and/or deposit payroll taxes without penalty or interest. This extension may be granted under Section 1111.5 of the California Unemployment Insurance Code (CUIC). A written request for extension must be received within 60 days from the original delinquent date of the payment or return.
Attorneys at Holtz, Slavett & Drabkin continue to assist our clients with resolving their tax issues with the IRS and State Tax Authorities. For assistance with your tax issues, please contact us at (310) 550-6200.