Tax News

CCH (cch.taxgroup.com) reports:

  The California State Board of Equalization (SBE) has announced that taxpayers affected by the wildfires in Mendocino County may be eligible for emergency tax relief in regard to taxes administered by the SBE. For all taxpayers and fee payers who cannot meet tax filing and payment deadlines due to the fires, the SBE may grant a one-month extension. The SBE also may extend deadlines for filings that were delayed by disruption of the normal activities of the U.S. Postal Service or private mail and freight companies. Relief is also available from interest and penalties for those unable to file their returns or pay taxes and fees due in a timely manner. Persons requesting relief must include with their returns a statement signed under penalty of perjury stating the cause for the late filing.

  CCH Tax Research NetWork subscribers can view the release in its entirety.

News Release No. 48-08-Y, California State Board of Equalization, June 27, 2008.