Tax Day Moved to July 15 Due to Coronavirus

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  • #2965754
    jeff
    Keymaster

    Tax Day Moved to July 15 Due to Coronavirus

     


     

    #2965916
    ReckedRecked
    Participant

    Looks like NY will follow suit, not sure about the rest of the states.
    Cuomo is placing all non-essential businesses on lock down, with the threat of civil fines, etc.
    It doesn't look like accounting is essential services now that the tax deadlines have been pushed, except for maybe payroll services for the businesses still open.
    We have to see what the final regs say.

    Civil fines and mandatory closures for businesses that don't comply with the new mandate will be enforced beginning on Sunday, Cuomo announced.
    “These provisions will be enforced,” he said. “These are not helpful hints. This is not if you really want to be a great citizen. These are legal provisions. They will be enforced. There will be a civil fine and mandatory closure for any business that is not in compliance. Again, your actions can affect my health. That's where we are.”
    Cuomo, however, said there will be no civil fines on individuals at this time for people who violate the policy. He also announced that he's going to issue a moratorium on evictions, both residential and commercial, for 90 days.

    Memento Mori - Kingston NY CPA & EA (SUNY Albany 2002)

    FAR-93 11/9/17 (10wks, 250 hrs, Roger 1800+ MCQs, Gleim TB 600+MCQs, SIMs)
    AUD-88 12/7/17 (3 wks, 85 hrs, Roger 1000 MCQs no SIMs hail mary)
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    BEC-91 2/16/18 (4wks, 90 hrs, 1240 MCQs)

    #2965988
    LuckyGuy292
    Participant

    Ohhhhh the mixed emotions on this one…

    AUD - 84
    BEC - 87
    FAR - 85
    REG - 79
    🙂
    #2966021
    Biff TannenBiff Tannen
    Participant

    Does that mean busy season just got extended for the miserable accountants working in public?

    AUD - 78
    BEC - 84
    FAR - 79
    REG - 85
    “An investment in knowledge pays the best dividends” - Benjamin Franklin
    #2966039
    Anonymous
    Participant

    For us it ended busy season, and put us in some sort of purgatory of never ending taxes but with no urgency to complete them.

    BEC 11/18 - 94

    AUD 2/19 - 87

    REG 5/19 - 85

    FAR 7/19 - 92

    Licensed CPA in Oklahoma.

    #2966060
    animalwithin
    Participant

    So if you can't evict the tenant and they aren't paying, does that mean you can also stop paying your mortgage for 90 days? So much BS going on right now, all because people can't stay calm.

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