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LA Wildfire Assistance: Resources to Support You & Your Business
by K+P Team
2 min read
10 February 2025

Take outs:

  • Tax Relief: The IRS and California Franchise Tax Board have extended tax filing deadlines to October 15, 2025, for those affected.

  • Recovery Resources: The LA County Recovery website, Red Cross, and Salvation Army provide essential support and guidance.

  • Financial Assistance: Many lenders are offering mortgage and loan payment relief, so check with your bank for available options.

LA Wildfires: Resources to Support You & Your Business

We hope you and your loved ones are safe in the wake of the devastating fires in California. Our thoughts are with everyone affected during this difficult time.

At Kelly+Partners, we are deeply committed to supporting our clients, their businesses, and the communities we serve. If you have been affected by the recent fires in California, we want to ensure you have access to the resources available to help you navigate the recovery process.

LA County Recovery Resources

The LA County Recovery website provides essential guidance on returning home safely, debris removal, disaster recovery centers, FEMA assistance, and more. You can also find updates on insurance claims, utilities, and school closures.

Learn More
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Tax Filing Extensions: IRS

The IRS has granted automatic extensions for individuals, businesses, and other tax filings until October 15, 2025, with no penalties.

Learn More
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Tax Filing Extensions: California Franchise Tax Board

The California Franchise Tax Board has also extended filing and payment deadlines for LA County residents and businesses until October 15, 2025.

Learn More
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Mortgage & Loan Payment Relief

If you're facing financial challenges with your home mortgage or other loans, we encourage you to contact your lender directly. Many banks are offering relief options, which you can find on their respective websites.

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Additional Assistance 

The Red Cross and The Salvation Army are also providing support to those impacted by the fires. If you or someone you know needs immediate assistance, these organizations can help.

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Recovering What You're Owed: Business Interruption Insurance Claims

Business interruptions can have a devastating impact on your operations, revenue, and long-term growth. Navigating the complexities of filing a claim for lost income and extra expenses is challenging. Kelly+Partners specializes in preparing business interruption insurance claims, so you can focus on what matters most—getting your business back on track.

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What we can assist you with:

  • Lost revenue calculations
  • Extra operating expenses
  • Inventory and asset assessments
  • Financial forecasting
  • Negotiations with insurers

Our Process:

Our process begins with a free consultation to assess your business and policy coverage. We then collect essential financial documents and analyze your losses to build a strong claim. Our team prepares a comprehensive submission for your insurer and provides ongoing support, handling inquiries and updates throughout the process.

Initial Assessment

We conduct a free consultation to understand your business’s situation and evaluate your policy coverage.

Data Collection

Our team gathers critical documentation, including financial statements, sales reports, and expense records.

Loss Analysis

We calculate your business’s actual losses and forecasted income to build a strong claim.

Claim Preparation

Using our expertise, we prepare a comprehensive, well-documented claim to present to your insurer.

Ongoing Support

We liaise with your insurer, address questions, and provide updates throughout the process.
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