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MNCPA PERSPECTIVES

MNCPA urges congressmembers to extend first quarter estimated tax payments

April 7, 2021  |  Linda Wedul, CAE

MNCPA urges congressmembers to extend first quarter estimated tax payments It’s not always easy to see what our government relations efforts look like on the surface. But the following shows that our advocacy work is making a difference for members.
 
When IRS Commissioner Charles Rettig announced that the federal tax filing deadline extension wouldn’t apply to estimated tax payments due April 15, we heard this was going to be a problem for many members and their clients. That’s why we urged Minnesota’s congressional delegation to sign on to a letter requesting Commissioner Rettig extend the federal tax filing deadline for first quarter estimated tax payments to May 17, 2021. We explained that this alignment would streamline tax filings, help ensure tax compliance and ease the burden on Minnesota’s small businesses and other taxpayers.
 
As a direct result of our outreach, three Minnesota congresspeople signed on to the letter: Rep. Pete Stauber, Rep. Tom Emmer and Rep. Angie Craig. We also received feedback from a couple representatives saying they decided to add their support to the extension after hearing from the MNCPA.
 
We thank our congressional representatives for signing on to the letter and for supporting policies that will lead to a stronger economy after the pandemic. We also thank the MNCPA members who reached out with concerns about how this tax season’s deadline changes are affecting you and your clients. Our combined voices are making a difference in the ongoing conversations we have with lawmakers, which will hopefully effect change for the better.

Topics: Taxation-Individual, Regulation, Government, Taxation-Business

Linda Wedul, CAE

Linda Wedul is president and CEO of the MNCPA. She’s usually spotted at MNCPA events, introducing herself to members with a warm smile and memorable laugh. Mixed among the Footnotes, accounting journals, leadership books and three monitors in her office, you’d be surprised to see a dog kennel. Her unpaid job is volunteering as a foster family for service dogs in training through Can-Do-Canines. She and her husband have two adult children and live in Farmington. Linda can be reached at 952-885-5516 or lwedul@mncpa.org.

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