The Internal Revenue Service and the Franchise Tax Board have extended the filing due date of your 2019 tax return to July 15th, 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. This deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers as well as those who pay self-employment tax.
First quarter 2020 estimated income tax payments are also postponed from April 15 to July 15, 2020 for both Federal and California. Second quarter 2020 estimated income tax payments are still due on June 15, 2020 for Federal but have been extended to July 15, 2020 for California.
In light of the new extended deadlines and considering the most recent news and announcements from the W.H.O and C.D.C as well as the California Statewide Order, our office will be temporarily closed. Allen will be in the office periodically to handle any critical and urgent matters.
We ask that you continue to submit your tax information to us through our secure portal (Intuit Link), mail or FedEx. Your 2019 tax return and any 2020 estimated quarterly taxes will be completed before the July 15th deadline.
The Internal Revenue Service has clarified that the deadline for making individual Retirement Account and Health Savings Account contributions for the 2019 tax year has been extended to July 15, 2020.
These are temporary adjustments. We look forward to resuming business as usual, as soon as it is safe to do so. Thank you for your understanding during this difficult time. Our team at Nino Cefalu & CO., INC hope that you and your families stay healthy.
Welcome to our website!
Nino Cefalu & Co. Inc. is Silicon Valley’s leading tax firm. Our company is an Enrolled Agents Tax Practice and was founded by Nino Cefalu Sr. in 1948. Nino Cefalu & Co. Inc. has been providing expert assistance in tax preparations, IRS audit representation and financial planning for over seventy years in Santa Clara County.
Professional and Personalized Services: We specialize in the preparation of tax returns in all areas of taxation, including:
- LLC’s, LLP’s
- Estates and Trusts
- Nonprofit Organizations
We also offer consulting services, including:
- Individual and business tax planning and projections
- Computerized accounting system implementation
- Extensive estate tax planning
Tax Audit Representation:
- Licensed to represent before the Internal Revenue Service
- State tax audits
- Board of Equalization audits
We offer a full array of year-round services including bookkeeping and payroll. We also prepare Penalty Abatements and Offer-In-Compromises to the IRS and State Tax Boards.
Please, feel free to browse our website to see the services we offer as well as the many helpful resources we provide. When you are ready to learn more about what we can do for you, we encourage you to contact us.