What the Tax Extensions Mean for Your Business

Description

As you know, the Treasury Department and Internal Revenue Service's recently announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments to July 15, 2020, without penalties and interest, regardless of the amount owed. This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.
Join Alex Lalani, CPA, to learn more about these recent developments and how this will affect individual taxpayers as well as businesses. He will also touch on the quad state area (PA, DE, NJ, MD) extensions of due dates and what Whisman Giordano and Associates is doing to keep their employees and clients safe from the spread of the virus.
***this event is a webinar***

Meet the Speaker:

Alex Lalani, CPA Whisman Giordano & Associates, LLC

Alex has over 10 years of public accounting experience, specializing in closely-held businesses, construction, estates and trusts, high-wealth individuals, and real estate. He graduated from State University of New York at Albany, is an adjunct professor of tax at Cecil Community College, and is affiliated with the American Institute of Certified Public Accountants and the Delaware Society of Certified Public Accountants