Corona Virus - Tax Implications

We are currently monitoring the rapidly evolving situation regarding tax relief due to the COVID-19 Corona virus. The IRS has posted that there will be a 90-day deferral for Federal Income tax payments and filing of returns. As usual for all of our clients, we will file an extension for your returns if we haven’t already filed your completed returns. Please note this does not prevent us for subsequently filing your return as soon as it’s ready. If you’d like to confirm that we’ve received your information and/or have already filed an extension for you, please email [email protected]. If you’d like to read more information, the IRS has created a webpage with updated information available here: https://www.irs.gov/coronavirus.

We hope all of our clients remain safe and healthy during this crisis. Please note that we’ve been experiencing an increase in emails about tax return submissions and it may take us a few days to get back to everyone. We appreciate your patience. As always, we will continue to support you and remain accessible via phone and email. Please don’t hesitate to reach out.

Thank you,

Bill, Judy, Pam, and Beth