Dennis J. Sundo CPA CFP

09/15/2022

Student loan borrowers in Pennsylvania who will receive up to $20,000 in relief under President Joe Biden's Student Debt Relief Plan will not be taxed on that relief.

https://www.media.pa.gov/Pages/Revenue-Details.aspx?newsid=376

08/08/2022

2022 Tax Return Check Up Service!

Ever wonder if you are on track with your tax withholdings on your paycheck?

Have you earned some self-employment income (1099) this year and need to know how much to set aside for taxes?

Want to avoid any surprises come next tax season?

Dennis J. Sundo CPA is offering a 2022 Tax Return Check Up Service for $50.

What’s included:

• We will do a projected tax return (Federal, State and Local) that will show you approximately how much you will owe in taxes come April 15th.
• We will provide you a new W-4, if necessary, to provide to your employer to adjust your paycheck, to get your desired tax result come next tax season.
• We will verify, via your next paystub, that your employer has correctly adjusted your withholdings to your new W-4.
• If you have self-employment income, we will advise how much to set aside for taxes and can recommend estimated tax payments to the government and provide vouchers, if applicable.

This service can be provided virtually via email.

If interested, please contact Lauren Sundo Elliott CPA via email ([email protected]), office phone (724) 443-9900 or direct message on Facebook.

08/04/2022

For taxpayers who filed for a 2021 Property Tax or Rent Rebate, PA Department of Revenue just approved a One-Time Bonus Rebate for 2021.

Recipients of the 2021 Property Tax or Rent Rebate will receive an additional one-time bonus rebate later this year. The rebate will be equal to 70% of your original rebate amount.

You do not need to take additional steps to receive the one-time bonus rebates as long as you timely filed your 2021 rebate application.

These bonus rebates should start being issued in September.

Gov. Wolf announced that older Pennsylvanians ​and Pennsylvanians with disabilities who qualify for a rebate on rent or property taxes paid in 2021 will receive even more money this year than they anticipated.

01/14/2022

Congrats to the winner of our Always Pan Giveaway Kaliff Putney!! I will direct message you about your prize! 😊

01/11/2022

Did you receive monthly Advanced Child Tax credit payments in 2021? Watch the mail, for an important tax document needed to file your 2021 taxes!

The IRS will be sending you a Form 6419 that will summarize what you received in Advanced Child Tax credit payments in 2021. Please be sure to provide this letter to your tax preparer 👍.

If you received monthly Advanced Child Tax Credit payments or a third round of economic impact payments in 2021, hold on to your mail from the IRS.

12/31/2021

Dennis J. Sundo CPA
⭐️ ⭐️ New Years Giveaway!⭐️⭐️

I received an extra “Always Pan” over the holidays that the company let me keep! I thought it would be fun to do a giveaway via our family business page to spread some holiday cheer!

Here’s how to win:

❗️One Entry: Make sure you “Like” our business page and comment “Tax Season!” on one of our Giveaway posts!

‼️Extra Entry: Share a Giveaway post to your page!

Winner will be drawn January 14th!

And don’t forget, tax season will be upon us, feel free to contact us for your tax preparation needs! Call (724) 443-9900 or private message me! 🤓

The Giveaway Winner can pick up the Always Pan at our office or I can ship it to you free of charge 📦

**winner does NOT have to be a current or future client of ours in order to win**

Happy New Years from our family to yours!

- Lauren

For More Info on the Always Pan please see below 👇🏻

Meet your new favorite essential kitchen pan. Thoughtfully designed to be the perfect size and shape to do the work of eight pieces of traditional cookware. Healthy ceramic non-stick coating and cute enough to go from stove-top to table.

12/15/2021

As 2021 comes to a close, don't forget to donate to your favorite charities this holiday season! As a reminder - even those who don't itemize their tax deductions can receive up to a $600 ($300 single filers) deduction for cash donations to qualified charities in 2021!

For 2021, taxpayers claiming the standard deduction can deduct up to $600 in cash contributions on a jointly filed return.

11/25/2021

Wishing you and your families a Happy and Safe Thanksgiving!

09/13/2021

IR-2021-181, September 10, 2021 — The Internal Revenue Service reminds taxpayers today that the cost of home testing for COVID-19 is an eligible medical expense that can be paid or reimbursed under health flexible spending arrangements (health FSAs), health savings accounts (HSAs), health reimburs...

07/19/2021

With so many options and variables involved, it’s easy to make any of these three errors with your Social Security benefits.

07/14/2021

The IRS is sending payments of up to $300 per child as part of the government's efforts to "supersize" stimulus aid.

06/25/2021

Great Q&A on the upcoming Advance Child Tax Credit Payments!

Frequently asked questions about the Advance Child Tax Credit Payments in 2021 — Topic A: General Information