Taxes Caught the Coronavirus

You’d have to be living under a rock in Antarctica to not know that we have this pandemic thing messing up our lives and wrecking the economy. Taxes haven’t escaped the effect. My software company just put out a notice that they are going to continue to function but that many of their employees have to stay home with kids whose schools are closed, etc. etc. etc. It didn’t sound good. People aren’t going to be showing up at the IRS which runs, for the most part, on [very] old technology. They had a six-year technology update plan that started in 2019 so it hasn’t gotten very far yet. So far the only official “help” from the IRS relates to high-deductible sickcare plans and coronavirus sickcare costs. Supposedly there is more coming.

The only way out of this now is “social distancing” which means stay home without company and ration your toilet paper if you didn’t stock up. We’ve gone from Coronavirus being a “hoax” last month to being an economy wrecking multi-trillion-dollar monster. The National Security Council Directorate for Global Health Security and Biodefense response infrastructure was dismantled by this Administration and nearly all of the people who sat in on the “here’s what we have to work with” meetings that take place when one administration passes to torch to the next quit or have been fired. States are on their own for finding the resources they need to save lives and stem the economic destruction. The “hide your head in the sand” approach isn’t worked out well for this Administration at all – and it is going to cost people their lives. This time it isn’t our allies way over there in Kurdistan losing their lives – it’s our own family members. So, just stay in, find a few good books and hug your cat.

I’m hoping to get the 1040s inhouse out and the corps and partnerships done by the end of the month. I’m hoping to have a couple of days to get an update letter out to everyone – but I’m not promising 🙂 In the meantime, I will post updates here.

Hugs – and STAY SAFE!