COVID-19 Update: Governor Wolf’s Order Regarding Closure of Physical Business Locations Deemed Non-Life Sustaining

COVID-19 Update: Governor Wolf’s Order Regarding Closure of Physical Business Locations Deemed Non-Life Sustaining

As you have likely heard, late yesterday (March 19, 2020) Governor Wolf issued an order closing the physical locations of all Pennsylvania businesses that are not life sustaining. Canon Capital services are deemed to fall in this category, and we will be complying with the governor’s order effective immediately.

At the same time, we intend to continue providing services to the best of our ability. Our staff will be working remotely and will be accessible via phone or email as we endeavor to be responsive and care for you as clients and friends. To call, dial our main number – 215-723-4881 – and select the appropriate extension.

You may be concerned about the individual income tax filing deadline. Here’s what we know: as we communicated earlier this week, while the deadline for the payment of any tax due has been extended to July 15, the actual filing date for the tax return itself remains April 15. Our industry has been actively lobbying federal and state representatives on this matter and a bill has been introduced in the Senate to delay the filing deadline to coincide with the July 15 payment date. We are confident that this measure will be successful, particularly given the governor’s unprecedented closure order.

As always, we will make every attempt to work with you during this very challenging time, and please don’t hesitate to contact us with your questions and any needs you may have. We will update you as we learn more. In the meantime, we wish you and yours good health and safety.

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