Updated March 23, 2020
Dear Valued Clients,
We hope this notice finds everyone healthy and safe. The recent events surrounding the COVID-19 virus and its impacts on life as we know it are changing by the minute. We continue to monitor the situation and are making adjustments with the health and well-being of our people and clients as our top priority.
As of today, March 23, 2020, all in-person meetings at our office or any client's place of business are postponed. HPW has technology in place to provide excellent client service without regard to physical location. We will continue to serve clients via email, our online portal, video conferencing, remote access, and over the phone. Please utilize these digital tools to deliver documents to us electronically or use the postal service.
On March 20th, Treasury Secretary Steven Mnuchin announced that taxpayers will have an additional three months to file their tax returns, to go along with the extension of the payment deadline announced earlier in the week. The Treasury Department and the IRS announced that the due date for filing 2019 individual, corporate, fiduciary and other non-corporate tax returns that would have otherwise been due by April 15, 2020 is automatically extended to July 15, 2020. Payments that would otherwise be due on April 15, including those covering balances due for 2019 and the first 2020 estimated tax payment, are due July 15.
With this in mind, we anticipate completing far fewer returns by April 15 than usual. While we will continue to work diligently on tax returns, we have asked our staff to work fewer hours than normal over the next few weeks. We appreciate your understanding.
Despite these changes, we would encourage clients to provide all of their tax information to us following their customary timeline. We suggest that clients that have a specific need to complete their tax returns well in advance of the new July 15 deadline communicate this directly with their tax preparers.
New legislation has been passed in response to COVID-19 and more is expected in the coming days. As your trusted advisors, we will continue to monitor these developments and will be providing updates as we get guidance.
We thank you for your business and your trust. Please contact us if you have any further questions.
Hubley Phillips & Williams, PLLP
At Hubley Phillips & Williams, PLLP, we've been serving the accounting needs of Bozeman, MT and the surrounding areas for years. If you need help managing any aspect of your home or business's finances, we want to hear from you.
Please fill out this form and let us know how we can be of service. We will happily offer you a FREE initial consultation to determine how we can best serve you.