Our office continues to work as we are considered an “Essential Activity”. Monday thru Thursday 9-4 and Friday by appointment only.
The federal income tax filing due date is automatically extended from April 15, 2020 to July 15, 2020.
Taxpayers can also defer federal income tax payments due on April 15, 2020 to July 15, 2020 without penalties and interest regardless of the amount owed. Taxpayers do not need to file any additional forms to qualify for this automatic extension. 1st and 2nd quarter estimates for 2020 will be due July 15, 2020 as well.
N.C. Department or Revenuer offers relief in response to the COVID-19 outbreak as well and are automatically extending the due date of state income taxes from April 15, 2020 to July 15, 2020. 1st and 2nd quarter estimates for 2020 will be due July 15, 2020 as well.
PLEASE NOTE: The NCDOR will not impose a late payment penalty for any tax due, however, state law prevents waiving any interest. It has been suggested when legislation meets at the end of April, this could be removed, but as of today, interest will still be charged.
We continue to work on tax returns and our goal is to have everything completed as quickly as possible. This extension of time is much needed as we have had to change our focus to help individuals and businesses during these difficult times.
We will contact you once we have completed your returns. Please continue to use our secure client portal to send us any information and call us if you have any questions or concerns.
We thank you for your understanding during these difficult times.
Welcome To Susan Phares-Aldrich CPA, PLLC.
As a CPA firm, we specialize in small to medium sized businesses. We provide a full range of CPA services for these clients from simple consultation to full maintenance of the books and records.
For those with bookkeeping needs, we also handle your payroll reporting requirements and have a Certified QuickBooks Professional Advisor on staff that will be at your service. We can compile and review financial statements, as you may require, and assist you with forming the right type of business for tax purposes. Our services are value driven through tax, financial and management planning features built into these services and our goal is to help our client achieve success.
To better meet the needs of our accounting and tax clients we also have individualized services for small businesses in industries like real estate, construction, technology, non-profit, professional services and various consumer services. These individualized services have enabled us to address your industry specific challenges, compliance needs and industry standard tax practices.
Susan Phares-Aldrich CPA
1100 Holly Springs Road, Suite 200
Holly Springs NC, 27540
Phone: (919) 567-0168
Fax: (919) 567-0197
- Business and Individual Federal and State Tax Preparation wtih Electronic Filing
- Business and Individual Financial Management and Tax Planning
- Comprehensive Accounting, Bookkeeping and Write-Up Services
- Compilations and Reviews
- Multi-State and Local Tax Preparation and Compliance
- Cash Flow and Budget Planning and Analysis
- Payroll Tax Filings
- Full Controller Outsourcing Services
- New Business Start-Ups