Holt and Patterson | Accounting and Tax Services

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Home
About H&P
» Our History
» Our Mission
» Our Staff
» Staff Spotlight
» Career Opportunities
Services
» Accounting and Auditing
» Specialized Accounting
» Tax Preparation
» Payroll Preparation
» Valuation Services
» Management Consulting
» I-9 Compliance
» Employment App Review
Forms
» Federal
» State
Contact US
» Map and Directions
News
» ACA Key Items
» Health Insurance
» Young Savers Rule(s)
Resources
» AICPA
» MSCPA
» ShareFile
» Newsletter
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Overtime Rule Effective 01/01/2020

On September 24, 2019, the U.S. Department of Labor announced a final rule to make 1.3 million American workers newly eligible for overtime pay. Read here for more information:

2019 Illinois Tax Delinquency Amnesty Act

The Illinois Tax Delinquency Amnesty Act provides the opportunity for taxpayers to pay outstanding eligible tax liabilities and to have eligible penalties and interest forgiven on taxes paid in full during the amnesty period. Read here for more information:

IRS Informs Taxpayers of New Feature

The IRS has urged retirees to use its Tax Withholding Estimator tool for help with calculating projected tax liability. A retiree can use the estimator to enter any pension income or Social Security benefits received. Subsequently, the tool automatically calculates the taxable portion & incorporates it into an overall estimate of projected tax liability & withholding for the year.

2019 Luxury Auto Depreciation Caps and Lease Inclusion Amounts

If you use your vehicle for business purposes, the IRS allows you to write off some of the vehicle's cost. By depreciating your vehicle, you deduct a specified amount of your taxable income to account for the vehicle's loss of value for each year of use. The IRS sets annual depreciation caps for luxury vehicle owners who opt for the actual cost method.

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Missouri has indexed the individual income tax brackets for inflation. For 2019, the rates are:

Areas of expertise

Accounting and Auditing
We assist with the accounting work necessary to run a business.
Specialized Accounting
We provide specialized services to our clients.
Tax Preparation
We prepare any tax returns you or your company will need.

Payroll Preparation Services
Our payroll department takes care of all your business’ payroll needs.
Valuation Services
We assist with your Valuation needs, from Owner Curiosity to Litigation Support.
Management Consulting
We meet with business owners who need direction in any aspect of their profession.

Location: 260 Chesterfield Ind Blvd Chesterfield, MO 63005

Call: (636)530-1040 or Fax (636)530-1101

Hours: Monday-Friday 8 a.m.-5 p.m.

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Holt & Patterson, LLC is a certified public accounting and business consulting firm in the greater St. Louis area. Along with the president, Michael Patterson, there are approximately 20 associates with a wide range of expertise and a standard of excellence beginning in 1960.

While we offer the traditional accounting, audit, and tax services, we have more to offer. We provide business valuations, payroll preparation, and management consulting.