The position of the NYSSCPA is that this extension is too limited, leaving millions of vulnerable taxpayers without reprieve. The relief does not extend to small business owners and individuals who have estimated tax payments due on April 15. Other payments not included in the extension include trust income tax payments and return filings on Form 1041, as well as corporate income tax payments and return filings due April 15.

In the short term, the NYSSCPA will work with the New York state governor and the Department of Taxation and Finance to align state extension dates and procure guidance for our members. The Society will also continue to push for a joint federal and state tax deadline extension to June 15.