October News Flash

2021 Tax Deadline Just Around the Corner – Are You Ready? 

Recently, the US Post Office shared that they expect mail delivery to slow down starting this month. How will this affect you and what do we recommend to ensure we can best help you meet your deadline? 

• Be proactive. The sooner you send in your taxpayer information, the easier it will be to avoid any mail-related delays that are outside of your (or our) control. 
• Embrace technology. At CJBS, we have implemented state-of -the-art technology to send and receive documents electronically in a secure way, either using our Client Portal or through our share safe link. 
• For additional information or to submit tax payments by the October 15th deadline, please visit our  Helpful Resources page on our website. 

Additionally, the IRS has extended E-signature options during the pandemic. You can read more about this, below. 

IRS Extends E-signature Option on Several Tax Forms Through 2021  

The IRS has extended the ability to digitally sign dozens of tax forms through the end of the year, lengthening a temporary pandemic measure. While the IRS already allowed taxpayers to digitally sign their 1040 individual tax returns, that ability now extends to other forms including U.S. Estate (and Generation-Skipping Transfer), Entity Classification Elections, and many more. You can find a full list of forms on the IRS website. 

Allowing more forms to be e-signed remotely (before being printed and mailed to the IRS) will help ensure timely filing, especially considering mail delivery delays. However, our CJBS office is open and ready to assist you in person as well. Please visit our Covid-19 Resource page for more details on our efforts as we continue to follow CDC guidelines to help keep everyone safe and healthy.  

Still Waiting For Your Tax Refund? We Have Answers 

While many businesses and individuals are already preparing for the 2021 tax season, we understand that several of our clients still haven’t received their 2020 federal refunds. Earlier this month, the IRS reported that it still had 8.5 million unprocessed individual returns. We highlight the reasons for the holdup and, more importantly, resources available to track your money and return in last month’s News Flash. 

As always, if you have any questions or concerns about any individual or business tax need, we are happy to help and look forward to hearing from you. Please feel free to contact your CJBS team member.  

Stay safe & healthy, 

The CJBS Team