Tripp & Associates is a legacy firm of Blum & Tripp CPAs. Tripp & Associates was founded by Tracy Tripp in 2021 after Blum & Tripp ceased professional operations after continuously operating in Palo Alto for more than 40 years.
While technology has made it possible for almost anyone to prepare a tax return, it takes experience to make sure that all potential tax savings are realized, and tax traps are avoided. Our knowledge of tax law, acquired through many years of significant training and experience, allows us to identify key tax planning opportunities and accurately prepare our clients’ tax returns. We provide our individual and business clients with tax guidance and representation throughout the year, allowing our clients an unbiased source of advice and the ability to take full advantage of potential tax savings.
The IRS and CA FTB have extended the filing and payment deadline for most California taxpayers to October 16, 2023:
The disaster extension relief provided applies to taxpayers in the vast majority of California counties and is covered in the following two separate IRS announcements: CA-2023-01 and CA-2023-02. The announcements extend the deadline to October 16, 2023, for most filing and payment deadlines falling on or after December 27, 2022, through October 15, 2023.
This extension relief applies to deadlines that fall within the relief period, including estimated tax payments, individual, corporate, trust, and estate filing deadlines, and deadlines listed in Revenue Procedure 2018‑58 (e.g., IRC §1031 deadlines).
The result of the extended deadlines is that most CA taxpayers do not have to make extension payments and do not have to make estimated payments for the 2022 fourth quarter normally due January 17, 2023, nor the 2023 first, second, or third estimated tax payments normally due April 18, June 15, or September 15, 2023. It does not apply to 1099 and W-2 filing deadlines.
The October 16, 2023, extension deadline applies to all taxpayers living or located in (or whose tax professionals are located in) all California counties except for the following counties:
- Imperial, Kern, Lassen, Modoc, Plumas, Shasta and Sierra
If you have additional questions regarding the extended deadlines, please reach out to Tracy Tripp.