Jones Financial Services

08/29/2022

Need to look into

As part of COVID-19 pandemic relief, the IRS will automatically abate failure-to-file penalties for certain tax and information returns and refund those penalties already paid.

07/29/2022

Check this out!

Payments made by the second-listed spouse on a joint return for 2021 under certain conditions may not have been properly credited by the IRS.

03/23/2020

For the safety of our clients and associates, we will be applying the following effective immediately.
-We continue to encourage our employees to stay home if they are sick.
-We have enhanced cleaning efforts and implemented social distancing measures in our facility.
-We have suspended one on one appointments with our CPA and staff temporarily.
-Clients are able and welcome to drop-off or pick-up their tax returns for processing in the lobby during business hours.

03/23/2020

At Jones Financial Services, out mission is to consistently deliver excellent service to all our valued clients. To prevent further spread if the Coronavirus (COVID-19), we are making our customers’, associates’, and our communities’ well-being our top priority.
We have implemented preventative measures across JFS to ensure your health, your safety, as well as your financial wellness. Operating hours may vary during this time period.

03/13/2019

01/16/2018

32 Things THIS tax accountant WANTS you to know! Read the article below for some helpful hints to get you started this tax season! Call today to schedule an appointment!

With April 15 looming, we reached out to CPAs to give us their honest insight on filing taxes, audits, extensions, preparers and more!

01/09/2018

With the Tax Cuts and Jobs Bill signed, sealed and delivered, millions of Americans are still wondering how the bill with affect them. the career site Zippia offers the following break down on how the bill might effect some blue collar workers.

"In the short term, Business Insider's Lauren Lyons Cole reported that take-home pay is set to rise under the tax reform plan for most workers, but the majority of Americans won't get a ton of extra money. How much you save depends on how much you currently earn."

"The estimated federal tax savings below are for a single, childless taxpayer who owns a house valued at three times their salary. Zippia's calculations factored in whether a given taxpayer would benefit most from taking the standard deduction or itemizing deductions."

*The IRS has not yet released the tax tables for this year.

Click below for more information.

A look at how the Republican tax reform signed into law by US President Donald Trump will affect a range of blue collar occupations.

01/04/2018

New Year/ New Tax Plan!

What are the major changes under the Tax Cuts and Jobs Act?
1.It cuts the corporate tax rate from 35 percent to 21 percent beginning in 2018.
2.The top individual tax rate will drop to 37 percent. It cuts income tax rates, doubles the standard deduction, and eliminates personal exemptions.
The corporate cuts are permanent, while the individual changes expire at the end of 2025.

Click below to read more on how these changes my affect you!

The Trump tax plan simplifies the tax structure but reduces revenue by $1.5 trillion. Businesses pay less but families pay more after 2027.

02/22/2017

The 2016 tax season is in full swing, why don't you let us help you with your tax needs. If you have not filed in a couple of years, we can help you get caught up. Give us a call at (803) 750-8700.

12/14/2016

April 18 Filing Deadline
The filing deadline to submit 2016 tax returns is Tuesday, April 18, 2017, rather than the traditional April 15 date. In 2017, April 15 falls on a Saturday, and this would usually move the filing deadline to the following Monday – April 17. However, Emancipation Day – a legal holiday in the District of Columbia – will be observed on that Monday, which pushes the nation’s filing deadline to Tuesday, April 18, 2017. Under the tax law, legal holidays in the District of Columbia affect the filing deadline across the nation.

12/01/2016

FOR EMPLOYERS: W-2 Forms goes to the SSA and 1099-MISC forms goes to IRS. January 31, 2017 is now the new deadline for BOTH electronic and paper forms.

We are here to assist with these needs. Call us (803) 750-8700.