March 23, 2020
To our valued clients and friends:
We would like to take this opportunity to update you on the status of various services we provide in context to new requirements regarding COVID-19. We hope you and your family are staying healthy and well during this unusual time in our history. Our hearts go out to everyone affected by this virus.
Tax: IRS Notice 2020-58 issued March 21, 2020 states the Treasury Department and Internal Revenue Service have announced the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. The notice also allows taxpayers to defer income tax payments due on April 15, 2020 to July 15, 2020, without penalties and interest, regardless of the amount owed. This deferment applies to individuals (including quarterly & self-employment tax), trusts and estates, corporations and other non-corporate tax filers. Several states have also given some tax filing and payment relief. If you have questions on certain states, please contact your engagement team.
Audit: Deadlines have not changed, so we will continue to work to meet them. Our team members will reach out to clients for which we have upcoming onsite meetings or fieldwork scheduled to determine next steps. Please utilize SuraLink for file sharing and contact your engagement partner or manager with questions.
Accounting Services & Advisory: If team members are generally onsite to perform services, we will be in contact with you to arrange continuity of services remotely.
Howard, LLP is committed to meet our clients’ commitments. We understand many of our clients have refunds or are waiting on other documents to ensure completion of necessary tasks for tax returns and audits. Our offices are currently closed per the shelter-in-place mandate recently ordered per Judge Clay Jenkins. Like our clients, we have set up processes for our staff to effectively work remotely. We encourage our clients to upload their documents to the appropriate portal. Howard, LLP is making the safety of our clients and staff a priority during the restrictions mandated by COVID-19.
Let us know how we can be of assistance to you, your family or your businesses.
Gary Kroll, CPA | Managing Partner