Important Update Regarding Coronavirus

Dear Midland Clients,

We are closely monitoring the COVID-19 situation and are following the CDC’s guidance.  Part of those guidelines suggests distancing our staff from the public. 

We are fully operational and prepared to serve your needs, just as we have for more than 20 years. At the same time, we are taking the necessary actions to avoid potential disruptions to our service should circumstances change. If you need to reach our dedicated team of professionals, we are available at (239) 333-1032 Monday – Thursday from 8:30 – 5:00 EST and on Fridays from 8:30 – 4:00 EST.

Out of an abundance of caution, we request that you do not come into our offices in Chicago or Ft. Myers so that we do not contribute to the spread of the virus. Our offices will remain closed to visitors through the length of the pandemic. Should you need to send us documents, please do so using our secure upload feature on our website by going here.

Thank you for being a valued Midland client.

All the best,

The Midland Team

 

COVID-19 & MIDLAND TRUST Q&AS

 

Q: IS MIDLAND OPEN?

A: Midland is fully operational and prepared to serve your needs. We are asking that clients do not visit our offices to help prevent the spread of COVID-19. We are available at (239) 333-1032 Monday – Thursday from 8:30 am – 5:00 pm EST and on Fridays from 8:30 am – 4:00 pm EST.

Q: WHEN DO I NEED TO FILE MY TAXES?

A: The Treasury Department and Internal Revenue Service announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.

Q: WHAT ARE THE DUE DATES FOR 2019 HSA AND IRA PAYMENTS NORMALLY DUE ON APRIL 15TH?

A: On March 25th, the Treasury Department clarified that the deadline for making Individual Retirement Account and Health Savings Account contributions for the 2019 tax year has been extended to July 15, 2020.

Q: WILL MY 1031 EXCHANGE DEADLINES CHANGE?

A: Yes, if your deadline falls between April 1 and July 15. The IRS has issued deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Click here for more details.