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Tax Implications as a Result of COVID-19

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COVID-19, or Coronavirus, as upended all our lives.  The U.S. Treasury, the IRS and other government agencies have recently announced relief in the form of time extensions to file income tax returns or pay 2019 income tax liabilities, provide capital to impacted businesses, and more.

Mike Devereux, Partner and Director of Plastics Industry Services with Mueller Prost, will provide MAPP members with the most up-to-date information impacting your tax filings and other relief that may be available to you as a result of this pandemic.

Mike will address the following areas:

  • Extension of time to make tax payments due now on July 15, 2020
  • Extension of time to file tax returns due now on July 15, 2020
  • Stimulus impacting individuals and business owners
  • Legislation aimed at easing tax burdens of the manufacturing sector
  • Other IRS guidance on filing of returns, etc.
  • Other resources available to taxpayers, such as SBA loans, etc.
  • Other tax-related items included in relief legislation that impacts plastics processors.

About the Presenter

Michael J. Devereux II, CPA, CMP

Partner & Director of Manufacturing, Distribution & Plastics Industry Services

314.862.2070 (office)

314.406.8773 (cell)


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