Extended Tax Deadline for Businesses Impacted by Wildfires in Los Angeles
Deadline Extended to Aid Recovery Efforts
Businesses in the city of Los Angeles impacted by the wildfires will have an extended deadline to file their taxes, Mayor Karen Bass announced Monday. The deadline was previously set for February 28 but has been extended to April 14 to aid recovery efforts.
Why the Extension?
According to Mayor Bass, the extension is the "right thing to do." In a statement, she emphasized that City Hall should be an advocate for businesses, not a barrier, to support recovery efforts.
Additional Resources Available
Additional information is available online at the Office of Finance’s website via finance.lacity.gov. The Small Business Administration has also opened an in-person center at the city’s Disaster Recovery Center to assist business owners. Home disaster loans, business disaster loans, and economic injury disaster loans are also available through the SBA at lending.sba.gov.
Disaster Recovery Center
Impacted residents and businesses can find resources at the city’s Disaster Recovery Center, located at UCLA Research Park, formerly the Westside Pavilion at 10850 Pico Boulevard. The center is open from 9 a.m. to 8 p.m.
Conclusion
The extended tax deadline is a significant relief for businesses affected by the wildfires in Los Angeles. The additional resources available will help entrepreneurs and small business owners navigate the recovery process.
Frequently Asked Questions
Q: Who is eligible for the extended tax deadline?
A: Businesses in the city of Los Angeles that have been impacted by the wildfires are eligible for the extended deadline.
Q: What resources are available to assist businesses?
A: The Office of Finance’s website, the Small Business Administration, and the Disaster Recovery Center offer various resources, including in-person assistance, loans, and online information.
Q: Where can I find more information on disaster relief and resources?
A: More information on disaster relief and resources can be found online.
