Assessor Dronenburg: Due To COVID-19 Business Property Statements Filing Deadline Extended to June 1
SAN DIEGO – San Diego County Assessor/Recorder/County Clerk, Ernest J. Dronenburg, Jr. reminds business owners that file the form 571-L Business Personal Property Statement that the deadline extended due to the pandemic is coming Monday June 1. The Assessor's office is on hand to help business owners file timely and avoid the state mandated 10% late filing penalty.
Assessor Dronenburg said, “The Assessor's office is here to help our county business owners file their business property tax statements timely and avoid the state mandated Business Personal Property 10 percent penalty for filing late.” Dronenburg continued “My office is working proactively to help taxpayers, and with this Executive Order extending the filing deadline to June 1st, we are working to save the over 40,000 San Diego County business owners that did not file by the original deadline from receiving the state mandated 10 percent late filing penalty they would have incurred.” Dronenburg concluded, “My office remains open and committed to providing taxpayers excellent customer service online, over the phone and through e-mail to ensure everyone has the tools they need to avoid the state mandate penalties by filing timely before the newly granted June 1 filing deadline.”
California state law automatically applies a 10% penalty for those who file late after May 7th. Executive Order N-62-20 effectively extends the filing deadline for Business Personal Property Statements from today, May 7, to Monday, June 1, 2020, helping businesses avoid a state-mandated 10% penalty.
Businesses are required to report their taxable business personal property with a combined value of $100,000 or if requested to do so with the Assessor’s office on an annual basis. State law requires that a 1% tax be applied to all business property valued (in total) of $5,000 or more. The County Assessor Business Personal Property Division mailed approximately 64,000 statements to business, aircraft, and vessel owners. As of May 6th, only 23,000 statements, which account for less than 50% of the mandated filers, had filed.
Eligible business owners are strongly encouraged to e-file their statements online by June 1st through our secure and convenient e-file system. Questions regarding e-filing or general assistance can receive support by calling (858-)505-6100 or via e-mail: ARCCBusinessE-file.FGG@sdcounty.ca.gov.
Ernest J. Dronenburg, Jr. was re-elected in 2018 as the San Diego County Assessor/ Recorder/ County Clerk. Dronenburg has ushered in award winning services providing veteran property tax relief and modernized office systems leading to more online services, reducing paper waste, and eliminating a backlog of taxpayer assessment appeals.