Tax Help for California Wildfire Victims

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The IRS extended deadlines for certain taxpayers that apply to filing returns, paying taxes, and performing certain other time-sensitive acts. The deadline is extended to April 30, 2018, for taxpayers affected by the California wildfires, flooding, mudflows and debris flows. This extension applies to deadlines – either an original or extended due date – that occur after December 3, 2017, and before April 30, 2018, for taxpayers affected by the California wildfires, flooding, mudflows and debris flows.

Personal casualty losses resulting from the California wildfires may be claimed as a qualified disaster loss.

California Wildfire Disaster Area

The California wildfire disaster area covers the areas the President declared a major disaster between January 1, 2017, and January 18, 2018, because of the California wildfires. The California wildfire disaster area covers the entire state of California, and includes both the California Covered Disaster Area declared by the IRS on October 13, 2017 (as supplemented) and the California Wildfires, Flooding, Mudflows and Debris Flows Area declared by the IRS on January 17, 2018, described below.

California Wildfire Covered Disaster Area

A portion of the California wildfire disaster area was designated by the IRS as a covered disaster area on October 13, 2017, and supplemented on October 16. This California wildfire covered disaster area covers Butte, Lake, Mendocino, Napa, Nevada, Orange, Solano, Sonoma and Yuba counties.

California Wildfires, Flooding, Mudflows and Debris Flows Covered Disaster Area

Another portion of the California wildfire disaster area was designated by the IRS as a covered disaster area on January 17, 2018. The California wildfires, flooding, mudflows and debris flows covered disaster area covers Los Angeles, San Diego, Santa Barbara and Ventura counties.

California Wildfire Disaster Zone

The term California wildfire disaster zone means that portion of the California wildfire disaster area determined by the President to warrant individual or individual and public assistance from the federal government by reason of the California wildfires.

The following counties are in the California wildfire disaster zone.

California. Butte, Lake, Los Angeles, Mendocino, Napa, Nevada, Orange, San Diego, Santa Barbara, Sonoma, Ventura and Yuba.

Gilliland & Associates, PC is a full-service CPA firm specializing in tax planning for individuals and businesses in the Northern Virginia area. We are based in Falls Church, VA and also service clients in McLean and Tysons Corner, VA. Gilliland & Associates is known for our superior knowledge and aggressive interpretation and application of tax laws. We help you keep more of your earnings by finding you the lowest possible tax on your business or personal tax return. You can connect with us on Google+, LinkedIn, Facebook, and Twitter.

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