Treasury Secretary Mnuchin Announces New Filing Deadline:
Tax Day is now July 15!
Treasury Secretary Steven Mnuchin announced on Twitter that taxpayers now have an additional 90 days to file their tax returns.
On Tuesday, March 17, 2020, Mnuchin announced in the president’s coronavirus task force press conference that individuals owing up to $1 million and corporations owing up to $10 million would have an additional 90 days to pay their taxes. This latest announcement (March 20) sets both the filing and payment deadlines to the same day, removing any potential Tax Day confusion.
Mnuchin today wrote, “At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.” One minute later, he echoed a recommendation from the Tuesday presser: “I encourage all taxpayers who may have tax refunds to file now to get your money.”
These latest delays are in direct response to concerns over COVID-19, the coronavirus outbreak that has led to school and business closures across the country. For the latest COVID-19 announcements, be sure to check the “Coronavirus Tax Relief” page on IRS.gov and the “How to Protect Yourself” page on CDC.gov.
We Are NOW OPEN
On Friday night March 20, 2020, accounting and income tax preparation businesses were added to the list of businesses that are now allowed to continue operations. (Just the prior day, accounting businesses were ordered to shut our doors).
Based on this new information, starting Monday, March 23rd, The Morrow Group will be open
- Monday-Friday 9:00am-5:00pm
- Saturday 9:00am-2:00pm
As things can change very quickly, it is best to CALL FIRST to ensure we are open.
In the interest of everyone’s safety, we will be open, but making the following modifications.
- We will be open ONLY for pick-ups and drop–offs of income tax information.
- All client meetings, will be conducted via telephone or email.
These modifications are meant as a way to prioritize everyone’s health and safety while meeting the needs of our clients.
If you do not want to come out to drop your information off or pick it up, we have procedures in place to either obtain or return your income tax information remotely.
During this time, things can change on a moment’s notice. We will continue to do our best to keep you informed timely as changes continue to happen.
Please feel free to call or email with any questions, concerns or clarifications.
As always we sincerely thank you for your business, patience, and understanding during these difficult times.
The Morrow Group
The Morrow Group
Your affordable alternative to an in-house accountant or bookkeeper. We are Certified in QuickBooks Financial software and QuickBooks Point-of-Sale software.
The Morrow Group offers accounting, bookkeeping, payroll, and income tax preparation as well as QuickBooks set-up, clean-up, training, and consulting. Our fees are posted right here on our web site. We feel you will find our fees very affordable compared to hiring an in-house accountant or bookkeeper or compared to hiring another firm.
Keep in Touch
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The Avenues Professional Center
550 Cleveland Ave Suite 113
Chambersburg, PA 17201