COVID-19 Tax Updates and Understanding | Aldrich CPAs + Advisors

COVID-19 ALERT: All Aldrich office locations are currently closed until further notice.
Visit our COVID-19 Resource Center to learn about our continued service and additional support for you during this time.

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COVID-19 Tax Updates

Tax Updates

Tax Updates for Businesses and Individuals during COVID-19

We’re here to help you with tax preparation, revenue planning, financial statements and more in this new legislative environment.

Understanding the Changing Tax Landscape

The Aldrich team is here to support you and your business as you face uncertainty. Our extended consulting services can help you find a way forward during economic hardship and make the most of the tax relief provided by the government. If you have questions about the tax implications to yourself or your business related to the outbreak, please contact your Aldrich Advisor.

Understanding the Impact on You and Your Business
Alert

The Impact of the CARES Act on Businesses

The $2 trillion stimulus package known as the Coronavirus Aid, Relief, and Economic Security (CARES)...

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Article

Understanding the Impact of the CARES Act on Individuals

Rebate Checks Issued to Taxpayers Based on the CARES Act By: Sara Northcutt, CPA |...

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Article

Tax Credits for Families First Coronavirus Response Act (FFCRA)

Tax Credits for Families First Coronavirus Response Act (FFCRA) Employers who are subject to the...

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Latest Tax Update
Article

California Creates Hiring Tax Credit for Small Businesses

On September 9, 2020, SB 1447 was enacted, which expands California’s assistance programs for small...

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Webinars
COVID-19 Webinars

Join Aldrich professionals and other subject matter experts on our webinars, which are offered live and via recordings.

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IRS Operations During COVID-19

To protect the public and employees, and in compliance with orders of local health authorities around the country, certain IRS services such as live assistance on telephones, processing paper tax returns and responding to correspondence are extremely limited or suspended until further notice. Learn more about IRS operations during COVID-19.

Filing and Payment Deadline FAQ

The IRS developed this resource to answer common questions from taxpayers regarding eligibility, filing paying 2019 income taxes and 2020 first quarter federal estimated income taxes, IRAs and workplace-based retirement plans, HSAs and MSAs and more. Read the FAQ.

State-by-State Tax Filing Guide

View a guide for all U.S. states from the AICPA.

Aldrich Clients: Submitting Your Tax Information

Clients able to submit tax information on the normal schedule should continue to provide all information for returns currently due. Our tax team is working remotely during the COVID-19 outbreak, but still working full steam ahead. Here are the next steps you should take if you have not yet done so:

  • Upload your tax documents via our secure portal.
  • If you are anticipating a refund, we suggest filing your taxes as soon as possible to ensure you receive refunds.
  • Aldrich will deliver all finalized returns by fully electronic means via our secure portals when finalized.

If you need assistance accessing your online documents, please email our team at reception@aldrichadvisors.com or give us a call at 877.620.4489. Additionally, If the impacts of COVID-19 are preventing you from submitting your taxes on the normal schedule, please contact your Aldrich Advisor.

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COVID-19 Employer Resources

The Aldrich Benefits team can help you understand how new employee benefits laws impact your company and employees.

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