Kendall, Prebola and Jones, LLC

As the holidays approach, make sure you are keeping record of your cash donations. The IRS has a special $300 tax deduction available for donations to qualifying charities, even if you don't itemize!

The IRS has just released a portal to assist those who are not required to file a tax return to provide payment information to the IRS in regards to the Economic Impact Payment. By following the attached link to the IRS website, you will then need click on the 'Non-Filers: Enter Payment Info Here' button. If you have filed a tax return for 2018 or 2019, or receive Social Security retirement or disability insurance no action is needed to potentially receive the Economic Impact Payment. If you still need to file your 2019 tax return, please contact our office at 814-623-1880.

Part of the new CARES Act takes affect today and the remaining parts are expected to take affect this week. As a small business owner effected by the COVID-19 outbreak you may qualify for a loan with a loan forgiveness feature (the Paycheck Protection Program) or many other various programs that allow for credits or delayed payments of payroll taxes. If you have questions about the CARES Act or other COVID-19 relief acts and your small business eligibility please give our office a call. If you are an existing client, please be on the look out for more information about these programs via email.

We are openVirtually! Our physical office is closed due to Gov. Wolf’s orders; however, our accountants are actively working from home. If you are a current client who already dropped off your tax information, we will be calling or emailing you, as normal, to work with you to prepare your return. If you have not yet provided your tax information, you can still mail, email, or give us a call and we will work with you to make sure your return gets prepared. Our goal is to continue to provide excellent service while doing our part to #FlattenTheCurve.

Just a reminder the filing deadline for personal tax returns without extensions remains April 15th. The IRS is encouraging tax payers to continue to file their taxes on time. The IRS has only delayed PAYMENT of tax owed for up to 90 days. This is only for Federal taxes only, each state may have a different position. Please give our office a call if you are in need of tax preparation services. 814-623-1880

IRS has announced on January 27th it will start accepting and processing individual tax returns. If you have any questions regarding what you will need to file your return, make sure to set up an appointment with one of our friendly tax preparers.

Our Logan Township clients please note the change regarding the Flat Tax postcard.