2019 Tax Filing Options: Meeting, Video, Extension


March 16th, 2020

In light of the current health concerns, please be advised of our updated operating policy.

1.    We are open to meetings as long as possible. We will follow the recommended precautions of distancing and cleanliness at the office.

2.    We can switch your meeting to a Zoom video conference if you prefer.  We can receive your tax documents through our secure document exchange link and proceed with the tax interview in video format. We can send PDF copies of the filings and finalize them remotely with e-signatures.

 3.    We can also file an extension to wait for a more opportune time to meet.  We are waiting for government confirmation of an automatic extension for corporate and personal filing dates.  However, in the meantime, we would encourage you to follow the standard procedures listed below to request extensions.

However, in the meantime, we would encourage you to follow the standard procedures listed below.

S Corporation and Partnership Tax Filing Deadline was March 16th 

S corporation (Form 1120S) and partnership (Form 1065) tax returns for entities who use the calendar tax year were due March 16th.  If you requested an extension to file which extends your deadline to file to September 15th.

Individual Tax Returns Tax Filing Deadline is April 15th 

Individual (1040) tax returns are due April 15thRemember it is an extension to file, not an extension to pay your taxes. If there is a balance due on the return, interest will be assessed in addition to the tax.  We can help you determine an estimated tax payment to make with the extension in order to limit interest charges.  You may request an automatic 6-month extension to file which extends your deadline to file to October 15th.

California Single Member LLCs Tax Filing Deadline is April 15th 

Single Member LLCs (Form 568) not owned by a pass-through entity are due on April 15th. The minimum franchise tax fee is due with the extension to file. You may request an automatic extension to file which extends your deadline to file to October 15th. C Corporation Tax Filing Deadline is April 15th  C corporation (1120) tax returns are due April 15th.  You may request an automatic extension to file which extends your deadline to file to October 15th.

IF YOU REQUIRE AN EXTENSION WE HAVE TO BE NOTIFIED BY E-MAIL OR PHONE CALL BEFORE THE RESPECTIVE DEADLINE.

Please contact Izaira at (310) 398-3231 or Izaira@taxplus.com to request an extension or to coordinate a tax meeting or video conference with one of our Enrolled Agents.
Stay healthy!

TaxPlus Team