Real Estate/Development,
Tax
May 20, 2020
Newsom orders property tax relief for homeowners and businesses
Adding to the maze of federal and state coronavirus legislation, Gov. Gavin Newsom recently announced sought-after property tax relief for California homeowners and businesses who have demonstrated financial hardship due to the COVID-19 pandemic.
Phil Jelsma
Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)
Email: pjelsma@cgs3.com
Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.
Adding to the maze of federal and state coronavirus legislation, Gov. Gavin Newsom recently announced sought-after property tax relief for California homeowners and businesses who have demonstrated financial hardship due to the COVID-19 pandemic.
Newsom’s executive order extends the deadline for filing a business-property statement from Thursday until May 31 and also waives penalties for property taxes paid after April 10 for some h...
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