Last updated: March 18, 2020

To you – valued SEK client,

SEK is committed to keeping our clients informed with the latest developments surrounding the impact of the current COVID-19 situation on the upcoming tax filing deadlines.

Yesterday, Treasury Secretary Steven Mnuchin announced a 90 day extension for the payment of income taxes for individuals & corporations. This would effectively change the due date for payment of tax from April 15, 2020 to July 15, 2020. 

We expect further clarification on this extension as there is some uncertainty regarding the specifics and changes to other filing deadlines. Please keep checking back for updates and clarifications as they become available.

We expect that most state tax authorities will also provide similar relief and we will communicate those changes for the applicable state authorities in our local markets as we receive them.

While this is welcome relief on the tax filing deadline, SEK remains open for business on a modified basis as previously communicated in our COVID-19 update on March 16. Our staff continues to work on-site or in a secure remote working environment, allowing us to continue serving our clients during this challenging time. 

We have updated our temporary firm policy to include accepting drop-offs of information at our offices with advance arrangements made with your Client Relationship Manager (CRM). As always, we are available by e-mail or phone consultation. We encourage information to be submitted electronically by utilizing Secure File Exchange accessible by clicking on the Client Access link at www.sek.com. Additionally, you may send information via USPS, UPS, or Fed Ex.

Please contact your CRM with any questions or concerns.

Sincerely,
John Schnitzer
Managing Member of the Firm