Tax Payment Deadline Extended
To our valued clients and colleagues,
First and foremost, we want to thank you for the trust in our Hudson Cisne & Co, LLP (HCC) team and the services we provide. We consider it an honor to work with you, and we do not take this relationship lightly. Over the past week, our region and nation have experienced events and mandates many of us have not seen in our lifetimes. HCC is committed to the safety and well-being of our people, clients, families, and the communities in which we live and work. We have proactively communicated with our team members on health and safety including the flexibility of work locations during this period.
The Internal Revenue Services (IRS) has extended the tax payment deadline for 2019 income taxes for individuals who owe up to $1 million and corporations that owe up to $10 million. Eligible taxpayers can defer payment for up to 90 days without accruing interest or penalties. This puts the new tax payment deadline at July 15. As of now, the tax filing deadline remains April 15, though this could still change. We are waiting to see if the State of Arkansas will change their filing deadline and payment requirements; but as of now they remain April 15th. If there are changes with federal and state deadlines, we will be sure to let you know immediately.
We are committed to providing you timely services during this challenging time. Our team has been given direction internally regarding our continuity of operations with the safety and well-being of all as the top priority. We would like to assure you that we do have the processes and technology to allow our employees to work remotely in order to continue to meet your needs. Whether in the office or working elsewhere, our team will continue to securely complete work without interruption. We are limiting face to face interactions and we strongly encourage you to consider:
- Scanning and emailing documents or drop off only
- Communicating via phone, email, video conference
- Signing tax returns electronically via our SafeSend delivery option
- Utilizing our secure client portal located on our website
We cannot thank you enough for choosing HCC as your strategic partner. Please do not hesitate to reach out to us with any concerns or questions.
All the best,