IRS Waives Some Interest and Penalties

The Department of the Treasury announced yesterday that penalties and interest will be waived for tax payments for 90 days.  As far as we know, at this point, this only applies to the 2019 tax -year and you are still required to file your return timely to have this waived.  As usual, if you need an extension, you still need to file an extension.  The government is actively encouraging people to keep filing their returns.  We are still here and still preparing returns. 

We encourage you to follow all advice from local and national authorities regarding isolation and social distancing.   We are accepting tax documents by mail, drop off or through our secure site.   No appointment is required to have your taxes prepared.  If you need to pick up and would prefer not to come in, we are more than happy to mail your returns to you or upload them to our secure site for you.  If you have an appointment and would like to change it to a phone appointment, we are more than  happy to do that.   Please call us if you have any questions – (952) 934-8405