Dear Valued Clients:

 

As you have likely already heard, Governor Scott issued a “Stay Home, Stay Safe” order on Tuesday and directed the closure of in-person operations for all non-essential businesses. As a result, as of 5pm on Wednesday the 25th, all Marble Trail employees will be working remotely.

 

Fortunately, we have planned for such an event and anticipate that this transition will have little-to-no impact on our ability to continue to do our jobs. It will, however, alter how we do our jobs, and how we are able to interact with you for the foreseeable future.

 

Tax Clients

 

We will continue to receive mail, so if you’ve sent us your tax documents or dropped them in our office’s drop box (or plan to do so in the coming weeks), we will continue to be able to process your documents and begin preparing your return. We strongly encourage clients to consider submitting their documents to us electronically instead. Please contact us for instructions on how to do so. While in-person meetings are not possible at this time, we are available to “meet” by phone to address any questions that may arise over this period.

  

On a positive note, you have likely already heard that the IRS and State of Vermont have extended the tax filing deadline - all tax returns and payments are now due on July 15, 2020.  This includes the following payments regardless of the amount owed:

 

  1. Federal tax return payments owed

  2. Vermont tax return payments owed

  3. 2020 Estimated tax payments

  4. Contributions to your IRA

  5. Contributions to you HSA

 

Please note that if you have already filed your tax return, you will need to pay your taxes in full by July 15 to avoid interest and penalties.

 

Any person with a Federal income tax return or payment previously due on April 15, 2020, is eligible for relief. This includes any type of taxpayer, such as an individual, a trust, an estate, a corporation, or any type of unincorporated business entity.

 

For business owners, if you have specific questions about your sales tax deadlines, unemployment, small business loans, or sick or family leave rules, please contact us directly.

 

Investment Advisory Clients

 

The “Stay Home, Stay Safe” order will have no impact on our ability to continue managing your portfolios. Through investments in technology, we have secure access to all the same tools and information that we did working from our office desks. We have rerouted our phone lines to our respective locations, so you can continue to reach us by calling the office number or through email – please do not hesitate to do so if you have any questions. If you were previously scheduled or currently due for an in-person review, we will contact you about the possibility of doing this remotely or rescheduling for a future date.

 

We wish all of you and your families good health and look forward to seeing you in the not-too-distant future.

Marble Trail Financial is a joint venture of Addison Advisors LLC dba Marble Trail Advisors, Davis Associates,  and Misasi & Company LLC. Investment advisory services are provided by Marble Trail Advisors, a registered investment adviser, and tax preparation and accounting services are provided by Davis Associates and Misasi & Company LLC.

tel (802) 388-6300 | fax (802) 989-7569 | email  info@marbletrail.com | 5 Court Street, 2nd Floor, Middlebury VT 05753