Due to COVID-19 update

Dear Clients:

The state of California has issued a state wide shut down order which will require our firm to work remotely. We will be reachable via email or via voice mail specifically directed to a particular staff. We realize that the same level of service will not be achieved working remotely. However, we will be able to communicate, file documents and, in most cases, prepare and file tax returns. Some clients may be expecting refunds and therefore filing returns will be an important priority for them.

The Treasury Secretary Steven Mnuchin announced on March 20 that tax day will be delayed from April 15 to July 15. Therefore, it appear that all taxpayers and businesses will have this additional time to file and make payments without interest or penalties.

My initial inclination was to timely file extensions even with this new IRS guidance. If we file an extension before the April deadline it will not precent us from making any subsequent extension payments or filing early. I believe that filing an extension before the original April 15, 2020 deadline does not have any downside and may provide greater legal protections. As of today, we have prepared extensions and filing them is pending at this point.

In many cases we can prepare your income tax returns based on documents sent as a scan or via e-mail. We use an encrypted document exchange called portal which allows you to securely upload your documents. We also use my1040data where you can input and upload your tax information via our secured webserver. We also offer the option of e-signing your returns via assure-sign after your returns are complete.

We continue to review the extent and nature of the existing and further government tax relief and its applicability to our clients. If you believe that you may be impacted, please contact our office to analyze your situation's applicability to these new rules.

THANK YOU FOR UNDERSTANDING,

MICHAEL DANIELS AND STAFF 3/20/2020


Download PDF