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COVID-19 (Coronavirus) Update from McKonly & Asbury – March 13, 2020

As we continue to monitor the COVID-19 (Coronavirus) outbreak closely, the health and well-being of our team members, clients, and their families are of utmost importance to us. While there have been no diagnosed cases of the Coronavirus in the Central PA area that we are aware of, we are not naïve to the fact that it may only be a matter of time until there are. Our firm is taking precautions now in order to mitigate the effect on all parties involved in our day-to-day operations.

At this time, our offices remain open. However, we are encouraging our team members to work remotely. We are also encouraging team members to have open dialogues with our clients to assess their comfort level with on-site visits during this very challenging time. Over the years, we’ve consistently invested in the technology needed to ensure working remotely is efficient and effective, without sacrificing quality or data security. We will continue to maintain the level of service you’ve been able to rely upon.

Currently, there are proposals in Washington, D.C. for a modification to the tax filing deadlines. Our team will communicate any changes and how it may impact our processes and filing obligations as soon as this information becomes available. Our team is also focused on client needs related to planning and policies as we navigate this unprecedented event together, and we are ready to advise and assist clients working through contingency plans.

We encourage you to continue to monitor recommendations made by the CDC. While these are very unusual and challenging times, we are with you through this process. If you have any questions or concerns, please reach out to us.

 


This communication is intended to provide general information on legislative COVID-19 relief measures as of the date of this communication and may reference information from reputable sources. Although McKonly & Asbury has made every reasonable effort to ensure that the information provided is accurate, we make no warranties, expressed or implied, on the information provided. As legislative efforts are still ongoing, we expect that there may be additional guidance and clarification from regulators that may modify some of the provisions in this communication. Some of those modifications may be significant. As such, be aware that this is not a comprehensive analysis of the subject matter covered and is not intended to provide specific recommendations to you or your business with respect to the matters addressed.

About the Author

McKonly & Asbury

McKonly & Asbury is a Certified Public Accounting Firm serving companies across Pennsylvania including Camp Hill, Lancaster, Bloomsburg, and Philadelphia. We serve the needs of affordable housing, construction, family-owned businesses, healthcare, manufacturing and distribution, and nonprofit industries. We also assist service organizations with the full suite of SOC services (including SOC 2 reports), ERTC claims, internal audits, SOX compliance, and employee benefit plan audits.

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