On March 20, 2020, it was announced by Treasury Secretary Steven Mnuchin that due to the ongoing Coronavirus emergency the filing deadline of April 15, 2020, has been officially moved to July 15, 2020.
This extended filing date applies to individual returns, fiduciary income returns, and Corporate returns that would have been due April 15, 2020. The extended due date also extends the period for the payment of any tax that is, or will be due, with these returns.
The extended date also applies to the payment of the first quarters estimated tax which is now due July 15, 2020.
This relief is automatically granted for all the qualifying taxpayers indicated above.
We do not need to take any action to benefit from this new filing date, or for the extended payment date. Additionally, the Oregon Department of Revenue has announced they will follow the IRS rules, making your Oregon return and first quarters Oregon estimated tax payment due July 15, 2020.
Even though the extend filing period is in place, we still intend to work diligently on getting returns completed and delivered in a timely manner.
We welcome this change which was enacted to protect the health of the workforces dealing directly with the public, and all taxpayers. It certainly shifts the focus of our firm from meeting an upcoming tax deadline at any cost, to being able to protect our clients and staff.
Towards that end we are choosing to follow the recommendations put forth by the CDC and other governmental agencies to limit potential exposure to the virus. We have somewhat reluctantly made the decision to close our office to clients and visitors effective Monday, March 23, 2020. The risk of multiple daily contacts and exponential exposure to our other clients and their families, our own staff, and our own family is too great. We understand that this is a big change for those of you who have participated in tax conferences over the years and will do everything we can to reduce any burden to you brought on by this change.
We expect the that closure will last for at least an initial two-week period but will review the matter on a constant basis and inform you of any change. Additionally, we will be posting updates to our website, www.fjacpa.com.
What does this mean for you as our client?
Delivering your Tax Documents
At our location, we have a drop box slot to the left of our front door. Your tax materials can be deposited there for delivery. If you use this drop box slot, please include your name and phone number so that we can contact you to confirm the receipt of the information.
You can also send your documentation to us electronically using our Share Safe electronic file drop. The link is: https://www.clientaxcess.com/sharesafe/#/FJACPA. Once at the website, follow the prompts to upload your documents. The staff member selected will receive an e-mail notifying them of the availability of the material.
Lastly, you can mail us the material or use another delivery service such as Fed EX or UPS. When sending in your information, we recommend that you add a tracking option to ensure the safe delivery of the package.
After delivering your information if you would like to receive a call and do a tax interview over the phone please so indicate and we will initiate that phone conference.
Taking Delivery of the Completed Tax Returns
When your returns are completed, we will contact you to determine the best method of delivery. Of course, for electronic filing purposes we still need to have the signed authorization forms returned to us to complete the electronic filing process.
What if I have already filed my returns?
If your tax returns have been prepared and filed, there is nothing for you to do. If they have been prepared for electronic filing and previously delivered to you; if you have not already done so we will still need the signed e-filing authorization returned to us to complete the filing process.
What if your return is in our hands and is currently in process?
If you have already provided us with your tax information, we will complete the returns and contact you when they are ready. If we have any questions, we will be in contact with you to resolve these.
Additionally, as of Friday, March 20, 2020, written copies of this notice have been mailed to all current clients. They should be arriving between Saturday and Tuesday, depending on mail deliveries.