COVID-19 Information on Taxes
County Property Tax Deadline of April 10, 2020
The April 10 deadline for the Second Installment of Property Taxes remains as is -- however, the California Association of County Treasurers and Tax Collectors (CACTTC) has issued a statement which explains that it can, in certain cases, waive penalties, costs or other charges resulting from tax delinquency due to reasonable cause and circumstances related to this crisis. The CACTCC’s Statement and helpful FAQ’s, also explains the different methods a taxpayer can use for paying taxes during Shelter in Place without physically going to the Tax Collector’s office.
If you are experiencing financial hardship as a result of COVID-19, you can find information on how to apply for a cancellation of penalty request with the Riverside County Office of the Treasurer-Tax Collector on their webpage.
Personal Income Tax Relief
Both State and Federal tax deadlines have moved to July 15, 2020. If you believe you are owed money from either the State or Federal government, I encourage you to file as soon as you can to receive your refund.
The California Franchise Tax Board (FTB) announced updated special tax relief for all California taxpayers due to the COVID-19 pandemic. For more information, visit its webpage.
Individuals: Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. The IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.
Internal Revenue Service has temporarily closed all Taxpayer Assistance Centers and discontinued face-to-face service throughout the country until further notice. The IRS is continuing to process tax returns, issue refunds and help taxpayers to the greatest extent possible. For more information, visit the IRS webpage.