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From understanding the higher standard deduction to making sense of annual IRA and 401k contribution limits, every new year brings with it new questions when it comes to tax law and codes.

Jones & AssociatesJones & Associates CPAs, PSC, located nearby on Palumbo Drive, has one office in Lexington with seven employees.

Jones & Associates has been located in Lexington since 1996. Managing Partner Dr. Judy Jones is a longtime Lexington resident.

In the past five years, the firm has experienced zero staff turnover, and has, in fact, hired additional staff to serve their growing client base. These team members are “dedicated to developing and maintaining lasting relationships with their clients.”

The firm has not lost any audit clients in over eighteen years. Dr. Jones says, “the longevity of our relationships with our clients demonstrates the firm’s professionalism and commitment to providing the best service possible.”

Dr. Jones, in addition to being the Managing Partner, is a college professor with over 30 years of experience teaching accounting. Her main area of focus has been nonprofit and governmental accounting. She has also taught auditing and every course offered by the University in accounting. Audit and Tax Manager, Laura E. Marcum, CPA, says, “we feel that this gives Dr. Jones an advantage over other CPAs because she is constantly reading and learning about changes in accounting standards on a level not required of other CPAs.”

Jones has been a practicing CPA for over 40 years and has been auditing governmental and nonprofit entities for the last 23 years.

The firm’s system of quality control is based on the American Institute of Certified Public Accountants (AICPA) quality control standards. Jones says, “We have always achieved a high standard of quality as evidenced by our peer review results.”

 

Jones & AssociatesThree Tips from Jones and Associates when filing your 2020 taxes:
  1. Filing your taxes as soon as you are able will decrease the chances of someone fraudulently filing your taxes for you.
  2. An extension to file is not an extension to pay. Taxes are due April 15th, regardless of whether you file your taxes or not.
  3. If you owe, you might consider adjusting your withholdings to decrease the possibility of owing in the future.

 

Jones & Associates CPAs, PSC Income Tax Preparation

A full-service accounting firm with friendly, knowledgeable professionals with 40+ years of experience ready to prepare your 2019 return.

Dr. Judy Land Jones, CPA – Managing Partner
Laura E. Marcum, CPA – Audit & Tax Manager
John R. Eipert, CPA – Audit & Tax Manager
Autumn Rogers – Staff Accountant
Evan Baber – Staff Accountant
Hadley Porter – Staff Accountant
Anna Hensley – Staff Accountant

Conveniently located at 2808 Palumbo Drive, Suite 101
Call 859-687-0303 for a quote!
www.jonesandassociatescpas.org

 

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This article also appears on page 9 of the Winter 2020 print edition of Hamburg Journal.

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