How to Get Income Tax Relief for Los Angeles County Wildfire Victims: Delay Payments & Save Money
How to Get Income Tax Relief for Los Angeles County Wildfire Victims: Delay Payments & Save Money

If you’ve been affected by the recent wildfires in Los Angeles County, the IRS has announced significant tax relief, including:

✅ Extended tax filing deadlines (now October 15, 2025)
✅ The ability to delay Q4 estimated tax payments without penalties
✅ Deductions for uninsured disaster losses

Key benefits include:

  • Filing Extensions: More time for individuals, businesses, and tax-exempt organizations to file returns and make contributions.

  • Disaster Loss Deductions: Claim losses on your 2024 or 2025 return for maximum financial relief.

  • Penalty-Free Retirement Withdrawals: Access funds early to aid in recovery.

👉 No action required—the IRS automatically applies relief based on your address.

📞 Need assistance? Our team at DTLACPA can help you navigate these tax benefits and ensure you maximize your savings.

🛑 Don’t miss out on this critical relief while you focus on rebuilding.

➡️ Contact us today or visit DisasterAssistance.gov for more information.

#TaxRelief #WildfireRecovery #LosAngelesCounty #IRSUpdates #RebuildSmarter

Read More
Argel Sabillo
Southern California Wildfires: How to Get Property Tax Relief and Save Thousands
Southern California Wildfires: How to Get Property Tax Relief and Save Thousands

The wildfires in Southern California have caused devastating losses for many homeowners and business owners. While nothing can undo the damage, there are property tax relief programs that can help ease the financial burden as you rebuild.

California offers two key relief options:

  1. Temporary Property Tax Relief reduces your property taxes while your home or business is being repaired.

  2. Property Tax Base Transfers let you keep your original, lower property tax rate if you need to move to a new home, even if it’s more expensive.

These programs could save you thousands of dollars. For example, a homeowner with $400,000 in fire damage might see their property tax bill drop by $4,800 annually until repairs are complete.

For those needing to relocate, transferring your property tax base can prevent a significant increase in your tax bill when purchasing a new home.

Act Now to Apply
Deadlines apply for these programs, so it’s essential to act quickly. For details on how to file or to get personalized assistance, contact DTLA CPA.

Let us help you navigate this challenging time. Reach out to DTLA CPA today to learn more about these relief programs and how you can take advantage of them.

Stay safe, and share this information with anyone who might benefit.

Read More
Argel Sabillo