By: Dimple Sankhla
President Biden has issued a major disaster declaration for the wildfires impacting Los Angeles County. This declaration provides access to FEMA assistance, including support for temporary housing and financial aid to address property losses.
While the IRS has not yet released specific updates, it is anticipated that tax filing and payment relief will be announced soon, given the magnitude of the disaster. We will share further information as soon as the IRS issues relevant guidance.
If you or your business has been affected and require assistance navigating disaster relief options, our team is here to support you during this challenging time. Please don’t hesitate to reach out for help.
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