When your 2018 return was completed, we may have recommended estimated tax payments. While these are not mandatory, if you do not make them you run a risk of paying a penalty when your 2019 return is filed. The first payment is due June 15, 2019. If you have questions regarding this, or need a copy of your payment voucher please contact Lauren Kennedy at (636)530-1040 to send you a copy.

If you extended your 2019 Corporate or Individual income tax return, please bring in your data to ensure timely completion.

We are currently working on sending out our annual tax organizers. If you would you like yours to be delivered electronically, please give our office a call at (636)530-1040 and ask for Missy or Lauren to assist you.

The 2019 maximum elective contribution limits have been increased to $19,000 and $25,000 (if over age 50) for 401(k) plans and 403(b) plans. The Simple 401(k) limit up to age 49 is $13,000 and $16,000 for ages 50 and older.

*Income tax brackets will increase in 2019 to account for inflation *The standard deduction will increase to $12,200 for single filers and $24,400 for married couples filing jointly *There will no longer be a penalty for not having health insurance coverage