Care CPA, LLC

Meet Kai Holderby! Kai is a certified public accountant with broad US tax experience. He started his career in a Big Four tax department and moved throughout three different offices during his tenure, including an expat assignment to Brussels. This is where he found his passion for international taxation issues. He also has extensive experience in individual and business return compliance and consulting of various sizes and complexities. Most of all, he enjoys finding the best tax solutions for his clients in an increasingly complex US tax landscape. Kai currently resides in Missouri with his wife, two daughters, and two dogs. He is a lover of all things outdoors including kayaking, fishing, hunting, hiking, running, and snowboarding.

Meet Beth Shearer! Beth has been a member of the Care CPA staff since 2018. She started as a bookkeeper but has more recently moved into an Administrative position which suits her abilities much more! She enjoys meeting with prospective clients and keeping everything organized. In her free time, Beth freelances at local theatre & event spaces (when they're open) and hangs out with her husband and young daughter. They especially like playing games, doing crafts, and decorating for the nearest holiday!

Meet Angelica Potts! Angelica is our E-Commerce specialist for our US and non-US based clients and has 4 years experience in both private and public accounting. She is a certified QuickBooks ProAdvisor and has proven herself to be a vital part of our team. Angelica plans on getting married to her fiancé in October of 2021 and lives in Athens, GA with the best pup in the world! She is a talented woodworker and enjoys cooking, live music, and various diy projects.

Summary of the $1,200/$2,400 checks from the government: I'm sure by now you've heard that the government may be sending you a check for $1,200 (or $2,400 if married filing jointly) + $500 for each eligible child. From reading the text of the Bill, plus existing IRS codes, how we see this working is as follows.... The check is treated as an advanced refundable tax credit against your 2020 taxes. This means there is a new tax credit for 2020 for the amounts listed above. The IRS will use your 2019 income tax filing for the determination on whether or not you are eligible for an advanced refund of this credit. If 2019 is not filed yet, they will look at 2018. The thresholds for payment are an AGI of $75,000 if single, $150,000 if married filing jointly, and $112,500 if head of household. When you file your 2020 return, that is the true test of whether or not you are eligible for the credit. If you were under the threshold and you got an advanced refund check, then no issues. If you were under the threshold in 2020 and you did not receive a refund check (based on 2019/2018 being too high), then you'll get the benefit of the credit when you file your 2020 return. [[edited to remove clawback info pending more guidance]]

The Department of Revenue today announced the deadline for taxpayers to file their 2019 Pennsylvania personal income tax returns is extended to July 15, 2020. T...his means taxpayers will have an additional 90 days to file from the original deadline of April 15. The Internal Revenue Service also extended the federal filing deadline to July 15, 2020. The Department of Revenue will also waive penalties and interest on 2019 personal income tax payments through the new deadline of July 15, 2020. This extension applies to both final 2019 tax returns and payments, and estimated payments for the first and second quarters of 2020. Learn more: http://www.media.pa.gov/Pages/Revenue-Details.aspx