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Businesses Affected by Wildfires Granted Extended Tax Deadline – NBC Los Angeles

Los⁢ Angeles extends tax Filing Deadline⁤ for ‍Wildfire-impacted Businesses

In a move to support businesses grappling ⁣with the‍ aftermath of recent wildfires, Los Angeles Mayor Karen Bass announced an extension to the city’s business tax filing deadline.The new ‍deadline, now set⁢ for April 14, 2025, replaces the ⁤original due date of February 28, 2025, providing much-needed relief‍ to ⁤affected enterprises.

Mayor Bass emphasized ⁢the importance of this decision,‍ stating, “I have always said ‌that City Hall⁤ should be an advocate for businesses — not a barrier — that’s ⁤how we will move forward through recovery.” She described the‌ extension as the “right thing to⁤ do,” ⁤underscoring the ‍city’s commitment to aiding businesses during this challenging period.⁤

For those seeking additional details, the office of Finance has made resources available on its website at finance.lacity.gov.

Disaster Recovery Resources for Businesses and Residents

The ⁢ Small Business Administration (SBA) has also stepped in to assist wildfire-impacted businesses. An in-person assistance center ⁣has been established at the ​city’s Disaster Recovery ‌Center, located at UCLA ‍Research ‍Park (formerly the ‍Westside Pavilion) ⁣at 10850 Pico Blvd. The center operates daily from 9 a.m. to 8 p.m., offering support for ⁣ home disaster loans,⁢ business⁤ disaster loans, and economic injury disaster loans. More ⁣facts on these programs can be ⁤found at lending.sba.gov.

Impacted residents and businesses are encouraged to visit the Disaster ⁣Recovery Center or explore additional resources online at emergency.lacity.gov/recovery.

Key Deadlines and Resources ‌

| Details ⁣ ‍ ⁣ ⁣ |​ Information ​ ⁢ ⁢ ‌ ‌ ​⁤ ‍ ‌ ​‌ ‍ ⁢ ‌ |
|———————————-|———————————————————————————|
| New Tax Filing‌ Deadline ​ ​ |⁤ April 14, 2025 ⁣⁢ ‌ ‌ ⁤ ‌ ​ ⁤ |
| Original⁤ Deadline ​ | February 28, 2025‍ ​ ​ ‍ ⁢ ‍ ⁢ |
| Disaster Recovery center ​ | UCLA Research Park,⁣ 10850 pico ​Blvd., 9 a.m. to 8 p.m. ⁤ ⁣ ​ ‍ |
|⁤ SBA Loan Assistance ⁤ | lending.sba.gov ​ ⁣ ⁤ ⁢ ⁣ ‌ ⁣ ​ |
| Office of Finance Resources | finance.lacity.gov ​‌ ​ |
| Disaster Relief⁤ Information ​ | emergency.lacity.gov/recovery ⁤⁢ ‍⁤ |

This extension and the array‍ of resources available reflect the city’s proactive approach to ⁤supporting its⁣ business community. As recovery efforts continue,⁤ Mayor Bass’s administration ⁤remains focused on ensuring that businesses have the tools ‌and time⁣ they need to rebuild and thrive.

For more updates and assistance, visit the Office of Finance or the Disaster‌ Recovery Center ⁢ today.
Headline:

Interview with Emergency Response Specialist, Alexandra Hart: Los Angeles’s Tax Filing​ Relief for Wildfire-Impacted Businesses

Introduction:

With recent wildfires causing meaningful damage adn disruption too businesses, Los Angeles has responded with initiatives to support the recovering business community. One ‍such measure is the extension of the business tax filing deadline. ‌Today, we speak with emergency ⁤Response Specialist, Alexandra Hart, to dive into‍ this development.

1. Tax Filing Deadline extension

Senior Editor (SE): Alexandra, can you tell us about the tax filing​ deadline extension recently announced by‍ Mayor Karen Bass?

Alexandra Hart (AH): Certainly! In an effort to provide much-needed‌ relief to businesses affected by the recent wildfires, Mayor​ Bass has extended the city’s business tax‍ filing deadline. The new deadline is April 14, 2025, pushing back the original​ due date of February 28, 2025.

SE: That’s a significant extension.How does this‌ measure help impacted businesses?

AH: It provides businesses more time to focus on​ their recovery and⁢ rehabilitation efforts, rather than‍ rushing to​ meet the original​ tax filing​ deadline.‌ This⁤ extension allows them to⁣ prioritize their resources and personnel where they’re most needed.

2. Mayor⁢ Bass’s Stance

SE: Mayor Bass emphasized the importance of this decision. how does this extension align ‌with her⁢ administration’s recovery efforts?

AH: mayor Bass has been vocal about City Hall’s role in supporting businesses during this challenging period. This extension is a clear demonstration of her commitment to removing barriers and providing adequate time and resources for businesses to recover and⁢ thrive.

3. Available ⁤Resources

SE: Apart from this tax filing extension, what‍ other resources are ‍available to help wildfire-impacted businesses and residents?

AH: ​ The Small Business Administration (SBA) has set up an in-person assistance ⁤center at the Disaster Recovery Center in UCLA Research Park.They’re offering support for home disaster loans, business disaster loans,⁣ and economic injury ​disaster loans until further notice. Also, the Office of Finance has resources available on its website.

SE: that’s great to know. where can people find more information?

AH: For tax-related resources, they should visit finance.lacity.gov, and for disaster⁤ relief information, they can visit emergency.lacity.gov/recovery.

4. The​ Path Forward

SE: As we move forward, how can businesses and residents stay updated on these changes and find support?

AH: Keeping an eye on the⁣ office of ‌Finance and the Disaster Recovery Center updates is key. They will provide the most ⁣recent information on relief measures, resources, and any changes to the given deadlines.

SE: Alexandra, thank you for joining⁢ us⁣ today and ‌sharing your insights on this ​crucial topic.

AH: My pleasure.‍ Its crucial that we support our local ⁤businesses and communities in navigating these challenging times.

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