As you know, The California Franchise Tax Board previously gave an extension to file tax returns until May 15; after the IRS extended the date for federal taxes to October 16, the California IRS no longer announced new deadlines.

Now the date for filing tax returns and paying taxes has been extended by the Golden State IRS as well, but the change only applies to residents of winter storm-affected counties and does not apply to residents and businesses located in Lassen, Modoc and Shasta counties.

As announced by Governor Newsom, California individuals and businesses affected by the 2022-2023 winter storms are eligible for an extension to file and pay taxes through October 16, 2023:- Individuals whose tax returns and payments are due by April 18, 2023.- Quarterly estimated tax payments due January 17, 2023, March 15, 2023, April 18, 2023, June 15, 2023, and September 15, 2023.

• Business entities whose tax returns are generally due on March 15 and April 18.- Selective Transit Entity (PTE) tax payments due March 15, 2023 and June 15, 2023.

Taxpayers are also eligible to claim a disaster loss deduction on their tax return.

Residents and businesses in Lassen, Modoc and Shasta counties must file returns and pay taxes by the due dates:

• Individuals whose tax returns and payments are due by April 18, 2023.
• Quarterly estimated tax payments due January 17, 2023, March 15, 2023, April 18, 2023, June 15, 2023, and September 15, 2023.
• Business entities whose tax returns are generally due on March 15 and April 18.
• Elective PTE tax payments due on March 15, 2023 and June 15, 2023.

The post The California IRS, Following the IRS, Extended the Deadline to File Tax Returns for Most Californians appeared first on KaliLegal.

Protecting the Rights and Freedoms of Citizens

California civil law protects a wide range of civil rights and liberties. It includes the guarantees provided by the California Constitution and U.S. federal laws. These guarantees provide equality before the law, freedom of expression, property rights, and protection from discrimination on various grounds such as race, gender, religion, sexual orientation, and others.

Civil Litigation and Transactions

California civil law governs litigation processes in civil cases. This means that when a citizen, organization, or company is faced with disputes about contracts, property, damages, and infringement of rights, they can go to court to seek a fair resolution. This process covers the presentation of evidence, argumentation, application of California law to specific cases.

Family and Children’s Law

California civil law also establishes rules to govern family relationships, divorce, adoption, and custody. California laws define the rights and responsibilities of spouses, parents, and children. They are designed to ensure fairness and protect the interests of all family members in the event of conflicts or relationship breakdowns.

Importance in Business and Society

California civil law is of great importance to business and society. Businesses in California must comply with laws governing contracts, competition, taxes, and other aspects. Citizens and organizations can go to court to protect their rights, resolve disputes, and enforce laws.

Constant Development and Change

California civil law is constantly evolving to meet changing situations and the needs of society. New laws, case law, and court decisions help improve this area of the law. Reading and understanding California Civil Law is an important component for lawyers, business people, and ordinary citizens to successfully handle legal issues and ensure fairness in the state of California.

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What are property taxes?

Translated, property taxes are taxes on land or property.

Property taxes are ad valorem taxes that you pay for owning property, meaning they are based on a monetary value that is assessed to attribute to an item, land, property, etc. A real estate appraiser provides the basis for this calculation.

Real estate tax is often confused with land ownership tax. However, this is a mistake. Most of the property tax is levied on real estate because it is the largest asset most people own. But property tax can also be levied on airplanes, computers, furniture, etc. When buying a house, they must be paid up front and then collected from the seller. Property taxes are usually a rate multiplied by the assessed value of the property. This value is estimated by an appraiser and takes into account the location, age of the property, etc.

Different states and counties consider different items to be “property.” In California, it is important to distinguish between real property and personal property. Personal property is taxed differently than real property and may be exempt from taxation or have a different type of taxation.

Owning land is all subject to property taxation

Land ownership is often the first thought when thinking about property tax. Homes, land, or any improvements made on land that you own. The following things are considered real property

• Country
• Mines or quarries and all forests
• Improvements including buildings, fences, ornamental trees, etc.

Personal Property – What is considered property?

Personal property is different from principal property. By definition, personal property is all tangible or intangible property that is not real property (see above). Examples include tractors, boats, or even tools. However, not everything is taxable, such as personal property, household goods, etc. are tax exempt. California has property taxes on bonds, mortgages, stocks, etc.

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