Rep. Harley Rouda (D-Laguna Beach) joined members of the Orange County congressional caucus Friday to ask the Orange County Board of Supervisors to push the deadline for property taxes to July 1 to address financial fallout from the coronavirus.
Orange County property owners are currently required to remit their property tax by April 10. If the Board of Supervisors agrees to the representatives’ proposal, delinquent taxes would accrue penalties of 1.5% each month after the July deadline, the congressional representatives’ letter states.
“Orange County small businesses are shuttering, workers about being laid off, and families are wondering how they will put food on the table,” Rouda said in a prepared statement. “The Orange County Board of Supervisors should consider doing everything in their power to help struggling Orange County families, including delaying April’s property tax and delinquency tax deadlines.”
The March 20 letter to the Board of Supervisors was also signed by Reps. Gil Cisneros, Luis Correa, Alan Lowenthal, Linda Sanchez, Mike Levin, and Katie Porter.
The U.S. Department of Treasury and the IRS announced that Americans owning up to $1 million in federal income taxes and businesses owing up to $10 million federal income tax would have until July 15 to make payments without penalty or interest, the letter states.
Gov. Gavin Newsom signed an executive order that authorizes local governments to halt evictions for renters, landlords, and homeowners. That directive also slows foreclosures and protects against utility shutoffs for California residents impacted by the coronavirus.
The letter inked by Rouda and his fellow representatives also chastised the County for the lack of clarity in its March 17 order banning public and private gatherings outside of households, except for “essential activities.”
“[O]ur offices received questions from many constituents stating that the County’s guidance created more confusion and forced them to go home one day under shelter in place orders but be forced to report the next day as if nothing had happened,” the letter states. “This sudden change in guidance was not only confusing but was also dangerous as it did not promote the safety precautions prescribed by public health experts.”
Supervisor Lisa Bartlett, whose district includes Laguna Beach, was not immediately available for comment Friday morning.
“After consulting with County CEO and County Counsel, the County does not have the power to extend a deadline on property taxes, that responsibility lies solely with the State,” said Megan Dutra, a spokesperson for Bartlett’s office.
Very good article here. And you’re right, Covid is impacting everything we do and everything we look at doing, or think about doing… No doubt about it. But thankfully, we still do have some positive tax relief options to look to!
And let’s not forget that we’ve been functioning like this for almost a year now – with zero Federal support! If anything, with an egregiously negative Federal affect… causing much greater damage and fatalities. However, I digress. Concerning changes to Prop 13 and Proposition 58… Sure, you generate some extra tax dollars by watering down and making profound changes to timelines and details governing the Proposition 58 “Parent to Child Exclusion” or “Parent to Child Exemption” that is the main driver of California property tax relief…
Yet in doing so, you also change the basic property tax break structure, the core property tax relief DNA that has been in place for decades, and you inconvenience thousands of beneficiaries inheriting property, going forward. You essentially throw the entire system off balance by forcing countless heirs to sell off inherited property at a loss; Or you uproot countless beneficiaries by forcing them to move into an inherited home within a year after the death of a parent, selling off their own home at a loss. It’s either one or the other now. That’s the reality of these changes to Prop 13 and Prop 58.
So thankfully we do still have some tax relief options when it comes to property taxes in California. If we’re expecting property or cash assets from an inheritance in an estate or in trust… and we need fast inheritance cash, we can usually get a super fast inheritance cash advance assignment from an inheritance advance firm like https://www.inheritancefunding.com — and if we’re looking for property tax relief support… we just need to go online and take a quick look at a property tax blog like https://propertytaxtransfertrusts.com… We can also turn to an established property tax reduction firm to help with lowering property taxes or to get a property tax appeal, from a well known company like https://paramountpropertytaxappeal.com, who happens to be in San Diego; and just happens to be offering a free property tax evaluation to property owners. Or, beneficiaries inheriting property from a parent can still take advantage of Proposition 58, and get a Prop 19 trust loan to buyout siblings who wish to sell off their inherited property shares — from a trust lender like https://cloanc.com who is also coincidentally providing a free consultation to property owners — plus will help us lock down a Prop 13 type of low property tax base with a property tax transfer from parents, if you want to transfer parents property taxes when inheriting property taxes… and keep parents property taxes long term or forever. Therefore, we still do have a few options left when it comes to property tax relief, thankfully. But — keep a watchful eye on the CA Legislature, and on the CA Association of Realtors… just in case!