Jumping Jack Taxes

Call Directions Website Contact the business

Jumping Jack Taxes Jumping Jack Tax a Wealth management financial services company built around preparation, education, and elevation!

Services including: Personal and Business tax preparation, Accounting services, Life insurance and more!

Business owners, let’s get your 2026 books caught up before tax season.A few receipts to organize, invoices to match, or...
11/01/2026

Business owners, let’s get your 2026 books caught up before tax season.

A few receipts to organize, invoices to match, or transactions to review is one level of work.

Multiple accounts, months of transactions to enter and reconcile, and financial statements to prepare? That’s a different scope, and the pricing reflects that.

We handle both. We review what you have first and explain what’s needed.

There are plenty of bookkeeping software options. Some may be easier for you to use or more affordable for your business. Some offer free plans with limited features.

You can start gathering your records and getting your information into a system, then bring someone in to review, categorize, and reconcile it. Just remember, connecting your bank account doesn’t mean the bookkeeping is finished.

Your profit and loss is part of the picture. Depending on your business structure and filing requirements, we may also need a balance sheet. Your assets, debts, owner contributions, and draws or distributions need to be recorded correctly, too.

Please don’t wait until tax season to bring over a year’s worth of bookkeeping and expect an immediate turnaround. Rush work may carry additional fees.

Doing it yourself or hiring help—start now. We’re offering cleanup and more extensive bookkeeping services to help get your 2026 books up to date.

Need help? ☎️ Call or text: 267-792-0186

We turn the clocks back an hour. Extra sleep sounds good—whether my body gets the message is another story. 😂For me, the...
11/01/2026

We turn the clocks back an hour. Extra sleep sounds good—whether my body gets the message is another story. 😂

For me, the time change is also a reminder to reset before the holiday rush.

With the heat coming on, fireplaces being used, and space heaters coming out, check on your home.

Test your smoke and carbon monoxide alarms. Replace batteries as your model requires and check the alarms’ replacement dates. Sealed 10-year batteries aren’t replaceable—follow the manufacturer’s instructions.

Evaluate on what else you’ve been putting off:

👉🏽maintenance,
👉🏽unopened mail,
👉🏽your holiday budget,
👉🏽getting your tax records together.

You don’t have to do everything in one day. Pick one thing and get started.

The clocks go back. Let that be your reminder to pause and reset.

📌What’s on your list?

☎️ Call or text: 267-792-0186

It’s the weekend. You might be heading to a football game, taking a client to an event, or planning a golf outing.Before...
10/31/2026

It’s the weekend. You might be heading to a football game, taking a client to an event, or planning a golf outing.

Before you pull out that business card thinking, “I can write this off,” let’s talk. 👀

📌As of 2018, writing off client entertainment generally stopped being a thing. What you used to deduct isn’t necessarily what you can deduct here in 2026.

Before you purchase season tickets, golf outings, or a stadium suite expecting a write-off, ask first.

👉🏽Taking clients to a game or discussing business while you’re golfing generally doesn’t make those entertainment costs deductible. Golf and country-club membership dues aren’t deductible either. That restriction was already in place before 2018.

Now, the food may be different. A qualifying business meal purchased separately—or separately listed on the venue’s invoice—is generally 50% deductible. You or an employee must attend, and the other business-meal requirements still apply.

Food bundled into the ticket price without a separate charge generally doesn’t qualify.

We also need to separate client entertainment from personal spending. Nondeductible business entertainment doesn’t automatically become an owner distribution. If those tickets are actually for you and your family, we have to account for that personal spending based on how your business is taxed. That may mean an owner’s draw, distribution, or other reporting.

Putting it on the business card doesn’t turn it into a tax deduction.❗️

👉🏽Keep your itemized receipts and document who attended and the business purpose. Limited exceptions exist, so have your situation reviewed.

“I’ve always done it that way” doesn’t mean it’s still allowed.

Enjoy your weekend. Just make sure you know what you’re paying for—and what actually qualifies.☀️

Need help with tax planning and strategies?
☎️ Call or text 267-792-0186.

Jumping Jack Taxes

Source: IRS Publication 463—Travel, Gift, and Car Expenses

October is coming to a close, and Sunday we’re stepping into November. This year is moving!We’re turning the clocks back...
10/30/2026

October is coming to a close, and Sunday we’re stepping into November. This year is moving!

We’re turning the clocks back, too. Daylight saving time ends Sunday, November 1, at 2 a.m. If your area observes it, remember to set your clocks back one hour.

Check the clocks in your car and on your appliances—the ones that don’t change themselves!

I know how quickly the calendar fills up between work, family, business, and everything we’re trying to get done.

Hopefully this weekend gives you some time to enjoy yourself. Get some rest, spend time with your people, or do something you’ve been wanting to do.

Thank you 🙏 for continuing to support Jumping Jack Taxes. Whether you referred someone, shared our information, or trust us to assist you, I appreciate it and take none of it for granted

We’re still filing tax returns! If you still need to file, contact us so we can discuss what’s needed before our office closes for the year. Tax planning - Tax strategies, we help with it all.

Enjoy your weekend. We’ll see you in November! 🍁

☎️ Call or text 267-792-0186, or click the link in our bio to schedule an appointment. 👆🏽👆🏽

Someone told you it is a write-off—someone said it will help you pay less in taxes. Okay, but does your business need it...
10/30/2026

Someone told you it is a write-off—someone said it will help you pay less in taxes.

Okay, but does your business need it? Can your business afford it? 🤔

Before you buy something because you’re expecting a tax deduction, ask yourself:

👉🏽Does my business actually need this?
👉🏽Can I afford it after covering payroll, rent, taxes, and other bills?
👉🏽What will financing cost me in interest and fees?
👉🏽Have I checked what qualifies and when I can deduct it?

Let’s talk about those payments, too.

📌 If you finance a business purchase, paying back the principal—the money you borrowed—isn’t a separate deduction. Eligible business interest may qualify. The purchase itself has its own rules and may be deductible now or over time.

With credit cards, you can’t count the same expense twice. If you charge $500 in qualifying business supplies, you don’t deduct the supplies and then deduct another $500 when you pay the credit card bill.

Something else people confuse: deductions aren’t dollar for dollar off your taxes❗️

Sending over $30,000 in expenses doesn’t mean you’ll get $30,000 back or owe $30,000 less. First, we have to determine what qualifies. The amount you can deduct generally reduces your business profit, and the tax savings depend on your situation.

You still spent the money. Your business still needs enough to operate.

Before you commit to a purchase counting on a tax benefit, let’s look at what applies to your business.

👉🏽We’re also still filing tax returns!

Our last day open and filing returns for the year will be December 18, 2026.

That’s our office cutoff, not an IRS deadline, so schedule your appointment before we close for the year.

☎️ Call or text 267-792-0186, or click the link in our bio to schedule an appointment. 👆🏽👆🏽

We’ve got Tax Fundamentals class tonight! 😁Another class, goal still the same. Something I want my students to get comfo...
10/29/2026

We’ve got Tax Fundamentals class tonight! 😁

Another class, goal still the same. Something I want my students to get comfortable with is asking questions. If you don’t understand something, say that. 👌

We’re here to learn.

There’s a lot that goes into preparing a tax return. You need to understand what you’re looking at, what questions to ask, and why the information matters.

That’s why we spend time on the fundamentals. We talk through examples and work through the information so students can understand how it applies.

Our live classes are underway, and the self-paced course is still available for enrollment.

☎️ Call or text 267-792-0186 for information about the Jumping Jack Taxes Tax Fundamentals course or click the link in the Bio. 👆🏽👆🏽

Bring the paperwork. Bring the questions, too.Whether you’re coming into the office or meeting with me on Google Meet, y...
10/29/2026

Bring the paperwork. Bring the questions, too.

Whether you’re coming into the office or meeting with me on Google Meet, you don’t have to know all the tax terms to ask for help.

I work with clients in all 50 states, and sometimes our conversation starts with, “I don’t really know how to explain this.”

That’s okay. Tell me in your own words. We can talk through it, and I’ll ask questions or do additional checking to help figure out what’s needed.

Even if you don’t have the paperwork in front of you, bring up what’s going on. We can identify which documents we’ll need to review.

Something I always encourage: make a note when a question comes to mind.

I make grocery lists, put reminders in my phone, and use a notepad or my Notes app for things I need to remember. Those tools help!

Life be lifing. Between work, family, and everything else, we can’t expect ourselves to remember every question when appointment day comes.

If something changes, you receive a letter, or you think of something you want to ask, jot yourself a quick reminder.

Have your list handy when we meet so we can go through your questions together.

☎️ Call or text 267-792-0186, or click the link in our bio to schedule an in-office or virtual appointment. 👆🏽👆🏽

I’ve been talking about holiday spending, because we know money will be going out for family, friends, and the kids. 😅 P...
10/28/2026

I’ve been talking about holiday spending, because we know money will be going out for family, friends, and the kids.
😅 Please don’t go into debt trying to do everything for everybody, but while we’re talking about spending, are you keeping your receipts?

👉🏽We pay sales tax on so many purchases and don’t think anything else about it. Not just during the holidays, but throughout the year. That money adds up.

People wonder how others find all these tax savings. Part of it is keeping track of expenses that may qualify. Sales tax is one of them.

Let’s use 2025 as an example. The base standard deduction for a single person was $15,750. That’s an amount they could subtract from their income before federal income tax was calculated.

Now, say that person owns a home, pays qualifying mortgage interest, donates to charity, and does a lot of shopping.

What if their eligible expenses, including sales tax, totaled $18,000? Adding those expenses up—called itemizing—could give them a larger deduction than taking the standard amount.

Here’s something we have to check: when itemizing, you can use eligible sales tax OR the state and local income taxes you paid, if any. Those are income taxes taken from your paycheck or paid directly to your state or local government. We compare the amounts to see which works better, within IRS limits. We can’t use both❗️

Everybody won’t benefit, but we won’t know without looking at the numbers.

📌Keep those receipts. A little savings is better than no savings.

☎️ Call or text 267-792-0186 to schedule your tax preparation appointment or Click the link in the bio 👆🏽

I don’t know about anybody else, but I’m looking forward to the holidays. I love this time of year! 🥰As October comes to...
10/28/2026

I don’t know about anybody else, but I’m looking forward to the holidays. I love this time of year! 🥰

As October comes to a close, I’ve been thinking about how much can change in a year. Some changes we celebrate. Some take time to adjust to. Sometimes a whole lot happens while we’re just trying to keep moving forward.

🤔What changed in your life this year?

👉🏽Did you get married?
👉🏽Get divorced?
👉🏽Welcome a baby?
👉🏽Start a second job?
👉🏽Did your spouse start or stop working?
👉🏽Maybe you got a raise or your hours changed.

📌Now, here’s the follow-up: Does your W-4 reflect those changes?

Updating your tax withholding probably wasn’t the first thing on your mind when life was happening but those changes can affect your taxes, and the W-4 you filled out a while ago may need another look.

Before we get caught up in holiday plans, this is a good time to review your paychecks and see whether your federal income tax withholding still makes sense for your situation.

If you make an adjustment now, check it again in January for the New year.

Life changes call for re-evaluation. ALWAYS ❗️

👉🏽Jumping Jack Taxes offers a service where we can do a paycheck and withholding review. We can also review your W-4, look at your year-to-date income and withholding, and discuss any household changes to help you determine whether adjustments are needed.

☎️ Call or text 267-792-0186 to schedule your review or click the link in Bio 👆🏽
We are still filing 2025 and all back taxes as well. 😊

TaxPlanning

What’s the Goal?“Go exempt for half the year they say, then turn your taxes back on.” WHAT ?? 😅Based on whose numbers?Yo...
10/27/2026

What’s the Goal?

“Go exempt for half the year they say, then turn your taxes back on.” WHAT ?? 😅

Based on whose numbers?

Your income, household, and tax credits may look nothing like the person giving that advice. A bigger paycheck today doesn’t mean you’ve reduced your tax bill.

Claiming exempt also has eligibility requirements—it isn’t simply a paycheck adjustment.

I’ve heard of someone doing this for three years. Eventually, the IRS issued a lock-in letter requiring their employer to withhold taxes. They could no longer just claim exempt to stop it.

Before following a tax strategy, ask: Why am I doing this? What am I trying to accomplish? What happens afterward?

Too little withholding can leave you owing at tax time, potentially with penalties. An unpaid balance after the payment deadline can also bring interest and late-payment penalties.

Taxes aren’t one-size-fits-all. Run your numbers before following someone else’s advice.

I know you would rather have more money in your pay throughout the year- BUT unless you generating money like that, you wont have it at the end of the year when that tax bill hits either. AND it’s going to cost you more.

Have yall seen that movie called “One of them days” with Keke palmer, SZA and Katt Williams. This reminds me of that, when they were going to get a Payday loan lol 👇🏾👇🏾

If you don’t have the money this month, you’re not going to have it next month.

Give me a call. Lets think this through. Most of us have been there. Lets go through the pros and cons before not after 😉

☎️ call or text (267) 782-0186

Address

3877 Dungan Street
Philadelphia, PA
19124

Opening Hours

Tuesday 10am - 6pm
Wednesday 10am - 6pm
Thursday 10am - 6pm
Friday 10am - 6pm
Saturday 10am - 3pm

Telephone

(267) 792-0186

Alerts

Be the first to know and let us send you an email when Jumping Jack Taxes posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Jumping Jack Taxes:

Shortcuts

Sponsored

Share

Nearby accountants