To our Clients and Friends:
First, we hope each of you and your families are well and safe.
During the past 2 days, the Internal Revenue Service has issued guidance that essentially defers until July 15 the required filing of virtually all returns and documents that would otherwise be due between now and July 15. Also, virtually all payments required between now and July 15 will be deferred until July 15 (importantly, this includes deferral of June 15 federal estimated tax payments). Generally, California either follows the Federal guidance or has earlier deferred payments until July 15.
In any rare instance where a filing or payment has not been extended, we will make every effort to contact you and provide specific information regarding any required action. And, if you have specific questions, as always, we are here to respond to your emails or telephone calls.