Acc-U-Rite Tax Service Inc.

In light of Wisconsin Health Emergency Order #12, Acc-U-Rite Tax will still be open as an essential business under Section 13, subsection U. However, our hours and staff will be limited during this Safer At Home period of time as we are down to essential personnel only.

We are still working on tax returns and accounting. Clients will have three options available. The first option allows clients to still drop off tax & accounting paperwork and pick up tax & accounting paperwork in person. The Safer At Home order allows for travel TO and FROM an essential business to conduct that business. Any paperwork that we receive will be placed in a box that will remain in a quarantined room for 48 hours before we will work on it. The second option, for any clients with the ability to scan documents from home, we encourage the use of a secure portal to upload and download documents, feel free to call us at 414-541-4900 to arrange that. A third option is to use the US Postal Service. You can mail us the paperwork, we will work with you over the phone with any questions, then we can mail out your paperwork when finished, you sign the signature sheets and mail those back to us for processing. It's a little more time consuming with the mail, but it is still reliable and works.

Our hours have been adjusted to the following:

Monday - Friday: 9 AM to 6 PM

Saturday: 9 AM to NOON

Sunday: CLOSED

If you are working as part of an essential business and you would like to arrange a time to meet earlier or later than our scheduled hours, please call us at 414-541-4900 and we will make arrangements with you. In the end, be safe and stay at home as much as you can.

Stay Safe!

Jason

On March 20, 2020, Treasury Secretary Steven Mnuchin announced that the tax filing deadline will now also be moved from April 15 to July 15. All taxpayers and businesses will have additional time to file and make payments without interest and penalties. More details will be added as received. At this time, we do not know if the State of Wisconsin will conform to the July 15th extended deadline, but we are attempting to gather more information and will update our website as information becomes available.

IRS Notice 2020-17, released on March 18, 2020, states the following:

"The Treasury Department and IRS are extending the due date for Federal income tax payments due April 15, 2020, to July 15, 2020, for payments due of up to $10 million for corporations and up to $1 million for individuals - regardless of filing status – and other unincorporated entities. Associated interest, additions to tax, and penalties for late payment will also be suspended until July 15, 2020." 

An extension of time to file can be requested using Form 4868 (see Related Links below). This would extend the time to file until October 15, 2020.  These extensions can be filed by Acc-U-Rite Tax, simply give us a call when we are open and we can accommodate this request over the phone.

If the taxpayer files their tax return or requests an extension of time to file by the deadline, they will automatically avoid interest and penalties on the taxes paid by July 15. Penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020. The relief applies to the following:

• individual taxpayers with a payment due (up to $1 million),
• self-employed taxpayers with a payment due (up to $1 million), 
• first quarter estimated tax payments for the 2020 tax year (those that were originally due April 15, 2020),
• trusts and estate returns with a payment due (up to $1 million), 
• corporations with a payment due (up to $10 million).

The IRS has provided the following website for updates related to the coronavirus: Coronavirus Tax Relief. See also Treasury and IRS Issue Guidance on Deferring Tax Payments Due to COVID-19 Outbreak.