Alan F Burke, CPA, PA and staff are continuing to work, even though we have currently closed the office to walk-ins and appointments in an effort to do our part in practicing social distancing and community responsibility. We have experienced some disruption in our operations, but not nearly as much as in some industries, such as restaurants, for example. We are currently focusing our efforts to identify clients who are getting refunds, so that they can obtain their refunds as soon as possible. For those clients who owe taxes, we will reach out to them to discuss whether there is a reason to file as soon as possible. Other than extenuating circumstances, such as a client with a pending bank loan where a copy of their 2019 tax return is required before loan approval, we will likely wait until after April 15 to complete your tax returns.
As we “catch-up” we will continue to work to complete tax returns before April 15, even for those clients who owe federal taxes, but the taxpayer can wait until July 15, 2020 to pay the federal tax; they may choose to pay NC taxes due April 15, 2020 to avoid NC interest charges.
Lastly, this is a fluid and constantly changing situation. We will continue to monitor the situation and do our best to keep our clients informed during this difficult time.
Be safe!