Dear Clients and Friends,

Below please find an updated link which provides a schedule by State of filing deadlines. The most important point is that NYS will now follow Federal guidelines and the due date has been extended until July 15th. We continue to urge that anyone anticipating a refund to file their returns in order to claim back the money owed to them. We also believe that anyone who is or has applied for a SBA disaster grant to consider preparing their returns without payment so that they can accurately state what tax obligations they have which are part of the data required in the filings.

https://www.aicpa.org/content/dam/aicpa/advocacy/tax/downloadabledocuments/coronavirus-state-filing-relief.pdf

For those of you filing for the SBA disaster loans the website is no longer available due to massive response. The forms are available in the form of PDF’s that can then be sent to the SBA. If anyone needs the forms please reach out to us and we will send you the package.

Finally as you all know a massive stimulus bill was passed on Friday. We are currently reviewing its contents and will report back shortly. Please know that we are here for you as we all navigate through this very difficult time.  Don’t hesitate to email or call us.

Stay healthy
On behalf of the partners and staff of LHF