Update Regarding MSA: Tax Deadlines, New Legislation and COVID-19

We are still working, but we remain closed to the public. What does that mean?

We are working in the office with a limited staff while a majority of our staff are working remotely. 

We are diligently trying to make sure that everyone is receiving any feedback they need regarding questions, etc. related to the Payroll Protection Program or the Stimulus Package. We are not quite as focused on tax returns at the moment due to so much buzz around the new changes.

What that means for us?

We are learning new laws, regulations, and filtering lots of requests from clients. That’s what we do, and we love it, just not all at once in the middle of a pandemic and not being able to train together and consult with one another easily. Although we have remote communication, nothing fosters conversations like face-to-face dialogues.

A couple of things to note: 

  • If you have not requested a loan related to the Payroll Protection Program, you may want to contact your banker and request a loan package.
  • The news media says that funds are running low at this point and not all businesses may get funded on the first round. The United States Treasury has asked for a second round of funding but that is not guaranteed at this point. 
  • We are here to support you if you need help with your application. There are other business stimulus packages that you may want to consider.    
  • If you have not filed your return and have not yet supplied us with a Bank Routing Number and Direct Deposit Information, you may wish to do so in order to receive a Stimulus check should you qualify for one.
  • Anyone who has already filed a 2019 return with bank information will automatically receive their funds via direct deposit if income threshold amounts are met.
  • If you have not filed a 2019 return, the government will base it on your 2018 return and will either deposit your funds if you have direct deposit information or mail you a check if you did not include that information in your return.
  • If you expect to receive a check, it will take longer than the direct deposit. The government is stating anywhere from one month to several months for all checks to be issued.
  • If you did not file a return for the government to base your income on, they will look to your social security information in order to determine if you qualify to receive any funds.
  • Finally, if you have not dropped off your 2019 information for us, please consider doing so or mail it to us as we will be completing returns ahead of the July 15 deadline.   

Since the Internal Revenue Service has automatically extended all tax returns due April 15 to July 15, we are trying to focus energies where they are needed and have allowed our staff to either work from home, work less, or take care of family as needed, and therefore, we will not be filing all tax returns that we normally file by April 15. If you have a specific need to file your return, please let us know. Otherwise, we will be filing it during the coming months. We hope that you understand we are also trying to take care of our staff and their families during this time. 

We are sad that we cannot meet with you individually and catch up on the latest news about your families and loved ones. We hope that everyone continues to remain safe over the coming weeks and/or months. 

Please know that you can call or email us to find out a status or just to check in if you have any questions. 

In the meantime, if we do call you to let you know that your return is completed, we have the following options for delivery:

  1. Pick it up at either office location with no contact with our staff (We have drop-off and pick-up boxes that are monitored frequently.);
  2. We can UPS it to your home (preferred method at this point); or
  3. You can wait and pick it up later since technically nothing is due April 15.

Thank you for your understanding during these difficult times. We pray for everyone’s health and safety.