March 27 2020
Coronavirus Update 3/27/20
EMERGENCY UPDATE — Friday, March 27 — To our clients: The Coronavirus Aid, Relief, and Economic Security Act (CARES) was passed by the Senate yesterday and was just passed by the House. It will now go to the President who is expected to sign the bill. In addition to numerous tax incentives, a significant benefit […]
March 26 2020
Coronavirus Update 3/26/20
EMERGENCY UPDATE — Thursday, March 26 — To our clients: At long last, the Senate has passed a $2.2 trillion economic stimulus bill. The Coronavirus Aid, Relief, and Economic Security Act (CARES) is the most expensive piece of tax legislation ever passed. The House now has the opportunity to modify the bill and the President […]
March 23 2020
Coronavirus Update 3/23/20
EMERGENCY UPDATE — Monday, March 23 — To Our Clients: In our Coronavirus Update on March 21, 2020, it was still uncertain whether Pennsylvania would extend the due date for 2019 income tax returns and tax payments beyond the normal April 15 deadline. Not long after that email was sent, it was announced that the […]
March 21 2020
Coronavirus Update 3/21/20
EMERGENCY UPDATE — Saturday, March 21 — To Our Clients: For your convenience, we have added an Emergency Update section to our website, where you can view this and all previous Coronavirus updates. Late yesterday afternoon, shortly after our 3/20/20 Coronavirus update was released, Pennsylvania announced that accounting and income tax preparation services will be […]
March 20 2020
Coronavirus Update 3/20/20
EMERGENCY UPDATE — Friday, March 20 — To Our Clients: In our email message to you yesterday, we explained the changes recently made by the IRS regarding the timing of final 2019 federal income tax payments and first quarter estimated payments for 2020. You will recall that, in all such cases, the due date for […]