NCACPA continues to advocate for tax filing and payment relief as a result of the COVID-19 pandemic. The AICPA has made a direct appeal to the IRS and Treasury requesting this relief, and a critical mass of outreach is needed to expedite that request.
Please take 1-2 minutes to contact your Congressional representatives.
This link will lead you to an NCACPA campaign page where you will securely provide information to identify your Congressional representatives—you may recall using this platform when we acted on disaster tax relief in September of 2019. (NOTE: Please use the address where you are registered to vote.) When you provide your information and click “Next,” you will see a pre-written message advocating for tax relief. Once you hit “Submit,” your message will go directly to your members of Congress.
NCACPA is privileged to advocate for YOU. Thank you for supporting this very important effort.
Updated for March 15, 2020:
Since we sent a call-to-action to our members yesterday asking for Congressional outreach, we have seen an incredible response and cannot thank you all enough. Many state CPA societies have conducted similar efforts, and we are seeing the initiative pay off. We just received the following communication from the AICPA:
Based upon our conversations, we anticipate that Treasury and the IRS will announce this week an extension of the April 15th deadline by as much as 90 days, and a waiver of penalties and interest for most taxpayers.
Additionally, Treasury and the IRS are aware of the major deadline for businesses tomorrow, March 16th, and the challenges facing taxpayers and tax preparers in meeting that deadline. They have indicated that they would be generous in determining reasonable cause abatement of any penalties for taxpayers and tax preparers unable to file in a timely manner.
We will continue to keep you all updated as soon as we hear additional news. We will also confirm as soon as possible the official response from the NC Department of Revenue in light of the anticipated announcement from Treasury and the IRS.
Thank you all again for your support.