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Tom Neff, CPA , Tax Stockholder,  International Tax Chair and Chairman of the Board in Oakland.
Tom NeffCPA / Tax Partner / International Tax Co-Chair / Managing Partnerview bio

Update on RINA Operations

RINA Accountants & Advisors Special Operations Message for Stopping the COVID-19 Virus

3/17/2020

Dear Clients and Friends,
 
We hope that this message finds you well.
 
We want you to know about the following temporary operating adjustments that we are making until we are through the current public health crisis.
 
We are asking our staff to work from home full time.  In reality, many of us already work from home on a regular, albeit periodic, basis.  This shift will be transparent to our clients, but we wanted to share that we are conscious of the need to do our part to protect our families, our communities, our clients and ourselves.
 
Our offices will not be physically accessible to our clients effective Monday, March 16th The doors will be closed, and the offices will not be open to anyone other than limited staff based on a specific need.  We will still be available via phone, email, text, chat – there will be no change in our ability to communicate.  Our technology will allow us to continue to answer our office phones as normal; any messages left on the main office numbers will be monitored daily.
 
We previously encouraged only essential third-party visits; we are now putting those visits on hold until further notice.  We will use technology to maintain a visual connection during meetings and to make sure that our communication level remains high and responsive.
 
In accordance with the requests of our government and medical experts, we will be limiting our physical interactions.  This precaution means that we will restrict potential exposure via surface transfer.  Clients who previously received hard copy financial statements and/or tax returns will only receive electronic copies.  Additionally, we are asking that clients who have traditionally provided us with original documents via hard copy for our use make efforts to instead provide us with electronic copies.
 
We have the electronic collaboration tools in place to facilitate a 100% electronic interchange; please call or email your firm contact if you have questions about using these tools.  We also have the necessary data security in place to ensure the security and privacy of your information regardless of where we do our work.

Regarding tax deadlines - the Franchise Tax Board has announced special tax relief for California taxpayers affected by the COVID-19 pandemic.

Affected taxpayers are granted an extension to file 2019 California tax returns and make certain payments until June 15, 2020. This includes: 

  • Partnerships and LLCs who are taxed as partnerships whose tax returns are due on March 15 now have a 90-day extension to file and pay by June 15.
  • Individual filers whose tax returns are due on April 15 now have a 60-day extension to file and pay by June 15.
  • Quarterly estimated tax payments due on April 15 now have a 60-day extension to pay by June 15.
  • The FTB’s June 15 extended due date may be pushed back even further if the Internal Revenue Service grants a longer extension period.Tom Neff, Managing Partner

At this time, the IRS has not made any changes to the April 15 deadline for filing income tax returns; however, an extension is expected as part of the administration’s upcoming stimulus plan.  We will continue to monitor the situation closely and will the post the latest information on our website, on social media, and, when appropriate, in special mailings.

We thank you for enduring the inconveniences that our current situation presents.  We will normalize our operating procedures as soon as it is safe to do so for our families, communities, clients and ourselves.
 
If we can be of help in anyway, professionally or personally, please reach out.  We are here to be of service.
 
Sincerely,

Thomas Neff
Managing Partner

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