[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-303082-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-303082-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","business-property-tax-filing-form-571-l-and-wildfire-relief-options","Business Property Tax Filing (Form 571-L) and Wildfire Relief Options","","Updates explain how Los Angeles County wildfire impacts may affect Business Property Tax Filing (Form 571-L) and available relief. It outlines eligibility for Misfortune and Calamity (M&C) claims when property damage causes at least $10,000 in loss, how filing can reduce assessed value, and that it does not extend the 571-L deadline. It also details reporting damage on Form 571-L or submitting a written statement, highlights no filing deadline extension for 2025, and provides guidance on reassessment timing and payment considerations.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/business-property-tax-filing-form-571-l-and-wildfire-relief-options/303082/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/business-property-tax-filing-form-571-l-and-wildfire-relief-options/303082.png","ImageObject",442,249,{"name":42,"@type":43},"Franzy","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-04","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":26},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What actions should I take if a fire or emergency damaged or destroyed my property?","Question",{"text":62,"@type":63},"File an Application for Reassessment under the Misfortune or Calamity (M&C) claim, Form ADS-820, within 12 months from the damage or destruction date. You must have owned the property as of January 1 of the following calendar year, and the estimated damage must be at least $10,000.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What is the purpose of filing an M&C claim?",{"text":67,"@type":63},"An M&C claim requests the Assessor to reassess the value of damaged or destroyed property. It also helps the Treasurer and Tax Collector allow qualifying taxpayers to defer current-year property taxes without incurring penalties.",{"name":69,"@type":60,"acceptedAnswer":70},"What counts as “damage” for eligibility?",{"text":71,"@type":63},"Consider all damage resulting from the event, and eligibility is based on the total combined loss in current market value reaching $10,000 or more. If unsure, submit an M&C claim.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},303082,1791077104,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,112,117,122],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":110,"slug":111},17,40,"forms",{"id":113,"doc_module":22,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},18,"Letters",30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":109,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":26,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":135,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":26},2336478945519,"https://ap-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45","Important Update: Business Property Tax Filing (Form 571-L) and Wildfire Relief Options  \nIn light of the recent wildfires in Los Angeles County, we want to ensure you have the latest information regarding your Business Property Tax Filing (Form 571-L) and available relief options.  \nWhat You Need to Know About Business Property Taxes and Wildfire Relief:  \n1. Misfortune and Calamity (M&C) Claims for Damaged Property  \nIf the recent wildfires have damaged your business property, you may qualify to file a Misfortune and Calamity (M&C) Claim. This claim could reduce the assessed value of your business property, resulting in a lower tax bill or partial refund for the 2025 tax year.  \nο Eligibility: If your business property has suffered damage that causes a loss in value of $10,000 or more, you are eligible to file the M&C claim.  \nο Impact: Filing the claim may reduce your tax liability for the affected business property, but it will not extend the 571-L filing deadline.  \n2. Business Property Statement (Form 571-L)  \nThe Business Property Statement (Form 571-L) must still be filed by the standard deadline of April 1st, with a late filing penalty applied if postmarked after May 7th. If the wildfires have impacted your business property, you can:  \nο Report the damage directly on the Form 571-L, or  \nο Submit a written statement describing the damage, which the Assessor’s office will review.  \n3. No Filing Deadline Extension  \nUnfortunately, there is no extension for the Business Property Statement for 2025 (Form 571-L) filing deadline, as the wildfires occurred after January 1, 2025.  \nAdditional Information & Resources:  \n1) For more details on how to file the M&C claim and how it may impact your 2025 tax year assessment, please visit the Los Angeles County Assessor's website:  \n[https://assessor.lacounty.gov/tax-relief/disaster-relief](https://assessor.lacounty.gov/tax-relief/disaster-relief)  \n[https://assessor.lacounty.gov/contact/calamity-disaster](https://assessor.lacounty.gov/contact/calamity-disaster)  \n2) We included an FAQ sheet on the next page regarding Wildfires and Other Emergencies and Their Implications for Property Assessments and Tax Bills.  \n3) If you have any questions regarding business property tax filings, please don't hesitate to contact our team of experts for further assistance. We're here to help.  \n1. What action(s) do I need to take if a fire or other emergency caused damage to or complete destruction of my property?  \nThe Assessor recommends that the property owner file an Application for Reassessment of Property Damaged or Destroyed by Misfortune or Calamity (M&C) claim, Form ADS-820 with their office within 12 months from the date the property was damaged or destroyed. The property owner must have owned the property as of January 1 of the calendar year following the event, and the estimated property damage must be at least $10,000 . Property owners who have acquired their property after January 1 of the calendar year following the event, may also file an M&C Claim if they are liable for the property taxes for the following fiscal tax year (July 1 to June 30) . The M&C Claim form is available on the Assessor’s website at [assessor.lacounty.gov/tax-relief/disaster-relief](assessor.lacounty.gov/tax-relief/disaster-relief).  \n2. What is the purpose of filing an M&C Claim?  \nThe filing of an M&C Claim serves two purposes. First, it serves as a request to the Assessor to reassess the value of the property damaged or destroyed by the calamity. Second, it allows the Treasurer and Tax Collector (TTC) to ensure that taxpayers who pay property taxes directly ( not through an impound account with a mortgage lender) can defer their current year property taxes, without incurring penalties. Thus, there is no need to file a separate penalty cancellation request with TTC.  \n3. What do you consider as “damage”?  \nIn determining whether to file an M&C claim, the Assessor recommends that you consider all damage resul","cbCaiiyQAUxFXyX3","https://ap.wps.com/l/cbCaiiyQAUxFXyX3","pdf",449592,6,"English","# Business Property Tax Filing (Form 571-L) and Wildfire Relief Options\n## Misfortune and Calamity (M&C) Claims for Damaged Property\n## Business Property Statement (Form 571-L)\n## No Filing Deadline Extension\n## FAQ: Wildfires, M&C Claims, and Property Assessments","[{\"question\":\"What actions should I take if a fire or emergency damaged or destroyed my property?\",\"answer\":\"File an Application for Reassessment under the Misfortune or Calamity (M\\u0026C) claim, Form ADS-820, within 12 months from the damage or destruction date. You must have owned the property as of January 1 of the following calendar year, and the estimated damage must be at least $10,000.\"},{\"question\":\"What is the purpose of filing an M\\u0026C claim?\",\"answer\":\"An M\\u0026C claim requests the Assessor to reassess the value of damaged or destroyed property. It also helps the Treasurer and Tax Collector allow qualifying taxpayers to defer current-year property taxes without incurring penalties.\"},{\"question\":\"What counts as “damage” for eligibility?\",\"answer\":\"Consider all damage resulting from the event, and eligibility is based on the total combined loss in current market value reaching $10,000 or more. If unsure, submit an M\\u0026C claim.\"}]","Business Property Tax Filing (Form 571-L) and Wildfire Relief Options | PDF",1789799907]