Disaster Recovery

2025 Wildfires

CalCPA is here to help.

As the fires in Southern California continue to impact our community, CalCPA extends our heartfelt support to you, your families and your colleagues during this challenging time. We understand the stress and uncertainty this situation may bring, and we want to assure you that we are here to help.

Both CalCPA and AICPA offer benevolent funds to assist members facing temporary crises or hardships. Click below to learn more or make a tax-deductible contribution.

For all California Board of Accountancy (CBA) licensees and applicants affected by the recent wildfires in the Los Angeles area, the CBA is offering several options to assist you during this difficult time.

You can also visit ca.gov/LAfires for additional resources and announcements, CalOES for a list of recovery resources and the Red Cross wildfire relief for additional resources.

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LATEST UPDATES

Jan. 29, 2025 — As part of ongoing actions to help support workers and businesses impacted by the Los Angeles area fires, Governor Newsom is issuing an executive order to defer licensing fees and streamline requirements for certain small businesses.

Jan. 23, 2025 — Governor Newsom announced additional commitments to provide mortgage relief for property owners whose structures were damaged or destroyed by the LA firestorms, adding state-chartered banks, credit unions, and mortgage lenders and servicers, as well as additional federally chartered institutions, to an existing commitment announced last week with five major mortgage lenders.

Jan. 18, 2025 — Governor Newsom today announced that the state has worked with five major lenders to provide mortgage relief to LA firestorm victims. The lenders have committed to offering up to a 90-day grace period on mortgage payments, 90-day waiver of late fees, and 60- to 90-day moratorium on new foreclosures for property owners whose structures were damaged or destroyed by the LA firestorms.

Jan. 16, 2025 — Governor Newsom has suspended penalties and interest on late property tax payments for a year, effectively extending the state property tax deadline, for those living in communities impacted by the Los Angeles firestorms.

Jan. 14, 2025 — CalChamber has posted a number of resources on their website for those affected by the wildfires.

Jan. 13, 2025 — Individuals and businesses with their principal residence or principal place of business in Los Angeles County during the Los Angeles County fires that began on January 7, 2025, qualify for a postponement to file and pay taxes until October 15, 2025. (FTB)

Jan. 13, 2025 — In response to the recent wildfires, the state has extended the January 31, 2025, sales and use tax filing deadline for Los Angeles County taxpayers until April 30, 2025.

Jan. 11, 2025 — In wake of the recent wildfires, the state is offering taxpayers in Los Angeles County a postponement on filing 2024 tax returns and making tax payments that would have been due between January 7 and October 15, 2025.

Jan. 10, 2025 — The IRS announced today tax relief for individuals and businesses in southern California affected by wildfires and straight-line winds that began on Jan. 7, 2025.

These taxpayers now have until Oct. 15, 2025, to file various federal individual and business tax returns and make tax payments.

The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). Currently, individuals and households that reside or have a business in Los Angeles County qualify for tax relief.

The same relief will be available to any other counties added later to the disaster area. The current list of eligible localities is always available on the Tax relief in disaster situations page on IRS.gov.