“As the country continues to reel from the current COVID-19 outbreak, the U.S. government is taking important measures to help taxpayers navigate the tax season during this difficult time,” said Sherri Gastellum, CEO of Platinum Tax Defenders.
LOS ANGELES (PRWEB) March 18, 2020
On March 17th, 2020 the U.S. government announced that it would extend the tax payment deadline for taxpayers amid the current COVID-19 crisis. U.S. taxpayers now have until 90 days after the original federal tax deadline of April 15 to pay income taxes due on up to $1 million in tax owed. Corporate filers get the same length of time to pay amounts due on up to $10 million in taxes owed. The tax deadline delay pushes the due date for last year’s taxes from April 15 to July 15. During the 90-day extension period, taxpayers will not incur interest or penalties.
To assist taxpayers who still need to file during this difficult time, Platinum Tax Defenders is currently offering a $50 discount on tax preparation.
“As the country continues to reel from the current COVID-19 outbreak, the U.S. government is taking important measures to help taxpayers navigate the tax season during this difficult time,” said Sherri Gastellum, CEO of Platinum Tax Defenders. “To help further ease the burdens of taxpayers, we are currently offering those who still need to file taxes a $50 discount on preparation fees. We expect the government will continue to offer further tax resolution incentives for U.S. taxpayers during this time, and we will continue to do our part to help those in need.”
The news of the federal tax deadline payment extension was announced during a press conference from President Donald Trump earlier this morning. Maryland and California are among a small number of states who have already adjusted their tax requirements in response to the COVID-19 outbreak. Maryland Comptroller Peter Franchot confirmed he would extend some business-related tax filings to June 1, while Governor Gavin Newsom pushed back California’s tax filing deadline by 60 days. Washington state and Oregon have also distributed information to taxpayers and businesses who might qualify for other waivers and extensions.
In addition to extending the federal tax payment deadline, the IRS will also be processing tax refunds in a more expedient manner to assist taxpayers who may be due a refund with faster financial security during these uncertain times. Because taxpayers filing taxes may be due a refund, Platinum Tax Defenders is still encouraging taxpayers to file sooner rather than later so they can get their refunds sooner rather than later.
For individuals and businesses who are in need of tax preparation services, Platinum Tax Defenders is offering a $50 discount on their fee. The experts at Platinum Tax Defenders include enrolled agents, certified public accountants, and tax attorney s who have years of experience helping clients navigate tricky and sometimes confusing tax laws. Amid the current changes with tax deadlines due to the COVID-19 outbreak, the professionals at Platinum Tax Defenders are remaining alert and up to date on current updates to the laws and filing deadlines. Additionally, the American Institute of Certified Public Accountants is keeping an updated list of tax developments for individual states here.
Platinum Tax Defenders also taxpayers to have this information handy for online or in-person appointments:
Social security cards for you and your family
Notice of Individual Taxpayer Identification Number and proof of foreign status, if applicable
Dates of birth for you and your family
Wage and earning statements, such as W-2 forms and 1099s for all employers
Bank statements of interest and dividends
A copy of your tax returns for the previous year
Bank account number and routing number
Receipt for any other items or purchases you know you will want to write off
Additionally, for taxpayers who are married and filing a joint tax return, it’s necessary for both you and your spouse to be present to sign required forms.
If you need to file your taxes and would like to take advantage of Platinum Tax Defenders’ current $50 discount, please call 866-866-8053. The federal government recommends that taxpayers file their 2019 returns as soon as possible, especially if they’re due a refund and are in need of money. New clients are also eligible for free consultations. For more information, visit https://platinumtaxdefenders.com/.
About Platinum Tax Defenders
The experts at Platinum Tax Defenders have been helping clients with their tax filing needs since 2011. They’ve successfully helped individuals, corporations, business owners and small businesses with all their tax need to ensure they get the most out of their federal and state tax returns. With enrolled agents, tax attorneys and certified public accountants, Platinum Tax Defenders is prepared to help any individual or business with their tax needs. During the COVID-19 outbreak, Platinum Tax Defenders are doing their part to ensure their clients remain at on top of their tax obligations. For more information and a $50 discount on tax preparation needs, or a free consultation for new clients, taxpayers can call Platinum Tax Defenders at 1-866-866-8053, or visit https://platinumtaxdefenders.com/.