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KTLLP Important Notice- Coronavirus Update

As Coronavirus (COVID-19) concerns continue to rise, we want to share what Ketel Thorstenson, LLP is doing in response. To avoid disruptions in client service, we are continuing to allow client-related travel and on-site meetings to take place where it is necessary. However, we want to work together with you to determine the best approach to meet your needs, while being mindful of the safety for your staff and ours. At this time we are still accepting tax appointment interviews. Please be assured we are closely monitoring developments and implementing several safety precautions across the firm. We are following the advice of the CDC and taking extra precautions to prevent the spread of the virus. We are continually disinfecting offices, declining handshakes, and keeping the recommended distance between people.

We encourage employees and clients to do their best in helping prevent the spread of illness:

  • Stay home if you’re not feeling well.
  • Wash your hands frequently and for at least 20 seconds with soap and water; use hand sanitizer, and don’t touch your face.

Additionally, we encourage postponement of appointments if you are not feeling well. However, we encourage everyone to simply drop off their tax return data and we can discuss any open issues over the phone or Zoom Video.

If you’ve never extended your tax return, this is the year to do that. Extending is not difficult. Your KTLLP professional can walk you through it.

The Treasury department announced that any 2019 taxes can be paid by July 15, 2020 without penalty. We are waiting more clarification. The deadline is still April 15, 2020. So if you want to pay your tax after April 15, 2020, you need to send in a simple extension without payment. We can do that for you.  Then you will have until October to file, and July 15 to pay.   There has been  no clarification as to whether 2020 estimated tax payments for quarters one and two can be deferred until July 15, 2020.

If you have any questions about the Coronavirus here is the link to the CDC’s designated website for the virus. https://www.cdc.gov/coronavirus/2019-ncov/index.html

Watch the KTLLP blog and social media channels for future updates.

Ketel Thorstenson, LLP

Ketel Thorstenson, LLP is a full-service firm with 17 partners, over 55 Certified Public Accountants (CPA) and Enrolled Agents (EA), and offices in Rapid City, Custer, Spearfish, SD, and Gillette, WY. KTLLP has a rich history, serving clients since 1936 and a depth of knowledge and experience that clients rely on and trust. The firm offers a variety of services including tax planning and return preparation, audit services, QuickBooks support, bookkeeping, payroll, business valuation, business consulting and estate planning.
Ketel Thorstenson, LLP

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