In this period of change due to the COVID-19 threat, we have seen how decisions by government officials alter by the hour. As a result of this, after we sent out our announcement on Friday, March 20th, that the Life Financial Group and Beacon Tax offices would be closed in the state of Pennsylvania, we were informed that Governor Wolf had issued an amended list of “life-sustaining” businesses that would be permitted to remain open. On the amended list Governor Wolf has now included Tax Preparation businesses and limited financial services as “life-sustaining”. Therefore, we wanted to inform you that the offices of Beacon Tax have reopened. Life Financial Group will also be operational in a limited capacity during this time. Our advisors are available to answer any questions related to your accounts. 

As the situation evolves, we will do our best to keep you informed every step of the way. Please know that, although our office doors are open, we are taking the threat of COVID-19 seriously. We have stepped up our efforts to make sure our offices are cleaned and are working with clients to ensure that they are at a safe distance if they should need to come to the office to either deliver or pick up tax and financial documents. As always, we will continue to keep the health and welfare of our clients as our top priority.

IMPORTANT TAX UPDATES:

  • [NEW] The state of Pennsylvania has extended its tax filing deadline to July 15, 2020. 
  • The deadline for filing federal tax returns is now July 15, 2020. 

Please see the links below for more detailed information regarding the recent tax deadline changes. 

If you should have any other specific concerns or questions regarding your tax return, you may contact the Beacon Tax office at Info@BeaconTax.org.

From the Team at Beacon Tax and Life Financial Group

   

Sources:

  1. https://bloximages.newyork1.vip.townnews.com/lancasteronline.com/content/tncms/assets/v3/editorial/e/8e/e8e48b3e-6b84-11ea-b745-37d8acfa2d4e/5e762ca6b804b.pdf.pdf
  2. https://www.revenue.pa.gov/Pages/AlertDetails.aspx 
  3. https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed