Novato Business Owners Impacted By Storms Eligible For Tax Relief

NOVATO, CA —Novato business owners and taxpayers impacted by the series of powerful winter storms are eligible for emergency tax relief from late payment interest and penalties.

Small business owners who have experienced storm-related issues such as flooding and power outages will have their interest and penalties waived if they miss their original tax due date, according to the state's Tax and Fee Administration.

The waiver applies to small business owners with tax due dates between Jan. 4, 2023, and Jan. 31, 2023.

“California is moving with the urgency this moment demands, rapidly bringing support to Californians recovering from the devastating impact of the recent storms,” Gov. Gavin Newsom said in a statement.

“Business owners across the state can now access much-needed assistance to help accelerate their recovery efforts, including relief from interest and penalties.”

Taxpayers who face return deadlines between Jan. 4-31 who are granted relief will not have to pay interest and penalties if they are unable to file their returns and pay taxes and fees by the original due date.

“Help is available for California businesses,” California Department of Tax and Fee Administration Director Nick Maduros said in a statement.

“If you cannot file or make a payment on time because of the storms, please reach out to us, and we can offer some relief.”

Taxpayers can request relief:

• On the CDTFA website
• By mail at California Department of Tax and Fee Administration, PO Box 942879, MIC 35, Sacramento, CA 94279
• In person at a CDTFA Field Office
• By phone at 1-800-400-7115 (CRS:711), Monday through Friday from 7:30 a.m. to 5 p.m. (Pacific Time), except state holidays.

Business owners and residents can also contact CDTFA to update account information, change an address or contact information, request replacement copies of CDTFA tax records, or ask questions about their account.

In addition to the State of Emergency Tax Relief webpage, information regarding relief requests is available in various languages online, via videos in English and Spanish, and on CDTFA’s Online Services webpage.

— Bay City News contributed to this report