COVID-19 Tax Relief: Extension to File

Posted by Jordon N. Rosen, CPA, AEP

The BLS Team is actively monitoring the rapidly developing changes related to COVID-19 and will continue to provide updates as they apply to our clients, employees, vendors and the community.

Not surprisingly, Treasury Secretary Steven Mnuchin announced this morning that the traditional Tax Filing Day of April 15 is being moved to July 15, 2020. This aligns with the previously changed Extension to Pay granted earlier this week. We understand that Congress is working on legislation that will solidify this change and hopefully give us further guidance on any other related tax procedures.

This means that both your tax return and payment are due by July 15, 2020. However, this does not mean that CPA Firms, like BLS CPAs, will stop working for their clients. Many firms will continue to process returns and financial reports as quickly and effectively as they would normally do, so please don’t delay getting information to your firm.

Please contact BLS with any questions regarding the processing of your tax and financial information. For general firm inquiries, you can call 302.225.0600 or email info@belfint.com.

As always, be safe and stay well!

Jordon Rosen and the entire BLS Team

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