COVID-19 UPDATES

 TAX FILINGS AND RELIEF ASSISTANCE

Updated: 27 March 2020

 

THE CARES ACT - Signed 27 March 2020 - Stimulus Checks and Overview of Individual and Business Tax Provisions

CLICK HERE FOR OVERVIEW

 

This page will be updated periodically to provide information on the latest COVID-19 news as it relates to Tax filings and relief assistance.  The links to the official government releases are provided below as well as links to resources for Small Businesses in need of assistance. 

 

There are already SCAMMERS trying to obtain funds from indivividuals in need.  Please exercise extreme caution and verify all sources before responding. Scammers have been setting up fake websites and using fake emails to sell bogus products and offer funding assistance.   

 

ROUND ROCK CHAMBER OF COMMERCE:  RESOURCE PAGE  https://roundrockchamber.org/category/covid-19/

TAX PAYMENTS AND FILINGS:  TAX DAY has been moved from April 15th to July 15th.  Taxpayers have until July 15 to file their returns and if applicable to pay their taxes.  If you believe you are due a refund, you can file before July 1th to receive your refund.  Additionally, any estimated payments normally due on April 15th has also been moved to July 15th.  If you have any questions please call our office.

News Releases:

 

SMALL BUSINESSES: The following is a list of resources for small business.  Texas was added to the SBA Disaster Loans on Friday March 20, 2020. Additionally, the Treasury and IRS have relased information regarding paid leave for workers and tax credits for small and midsize businesses as well as refundable payroll tax credits.

 

News Releases:

USA Small Business Administration 

Insurance Claims for Pandemic Virus- Review your policy or contact a Third-party adjustor to see if you have a pandemic rider on your policy.  You may call our office for more information if you are unsure.

U.S. Chamber of Commerce

Other Resources

As many people are being forced to work remotely during the COVID-19 outbreak, CountingWorks explores some of the benefits of these policies for your business and your employees (at any time)