The Firm of Gardner & Billing, CPAs PLLC

Wishing you a Happy New Year from all of us at Gardner & Billing! May 2020 bring you health, happiness and hope.  Our office will close at noon today and reopen  with regular hours on Thursday, January 2nd.

WASHINGTON –The Internal Revenue Service reminds taxpayers there are things they should do now to get ready for the tax-filing season ahead. Charitable Contributions For most taxpayers, Dec. 31 is the last day to take actions that will impact their 2019 tax return. For example, those who plan to itemize deductions should know that charitable contributions are deductible in the year made. Donations charged to a credit card before the end of 2019 count for the 2019 tax year, even if the bill isn’t paid until 2020. Checks to a charity count for 2019 if they are mailed by the last day of the year. Retirement Plans and Contributions Taxpayers who are over age 70 ½ are generally required to take distributions from their individual retirement accounts and workplace retirement plans by the end of 2019. However, a special rule allows those who reached 70 ½ in 2019 to wait until April 1, 2020, to receive them. Most workplace retirement account contributions should be made by the end of the

Join us on Friday, December 6th  for the Broadus Christmas Stroll!    Catch the sites and sounds of Who-Village outside on the big screen, then come inside for food, fun and crafts with Who-ville characters from 2-7pm!  Plus, bid in our annual Christmas wreath auction to benefit the Kid’s Food Bag Foundation.