Pat A Kimmer, CPA P.C.

Pat A Kimmer, CPA P.C.




Welcome!

TAX PREPARATION WITH A SMILE!

It's that time of year again to start gathering and organizing your tax documentation to file your 2019 tax returns.  The Internal Revenue Service announced that they will begin processing tax returns by January 28th.  This year's tax due date for most individual tax returns is Monday, April 15, 2019 (Maine, Massachusetts and District of Columbia have different due dates.)  

We are here to help you through this process.  We tailor how to assist you in gathering your documentation, organizing it and getting it to us based on what is most convenient for you.  You may upload it to our secure client server (accessed by clicking on the Client Area logo below) or you can use another online link supported by our tax software where you can electronically accept our engagement letter, answer our tax questionnaire electronically and securely upload your documents there or you may still mail in or call to schedule a convenient time to drop off your information. If you have questions about what is deductible, what records to keep or what is needed for documentation, we have many useful Client Handouts available that can help you.  

There will be a number of changes to your Federal and state tax returns this year with the passing of the new Federal tax reform act "Tax Cuts and Jobs Act" where using a professional tax preparer who is up to speed with the new laws will make sure you get all the tax benefits you are entitled to.  

CURRENT OR LONG RANGE TAX PLANNING   

Now is the time to consider consulting with a seasoned professional that can assist you with planning opportunities and tips for saving tax on your tax bill.  Depending on your tax bracket (new brackets are applicable due to the Tax Reform Act) there are moves you can make to perhaps defer income and accelerate deductions that will keep you in a lower marginal tax bracket depending on your financial circumstances from year to year.  A few strategies might be gifting appreciated stock, bunching charitable deductions every other year to itemize in one year and take the standard deduction the alternate year or if you are required to take an RMD from your IRA taking advantage of qualified charitable deductions (QCD) made directly from your IRA.  Business owners can also take advantage of strategies in their acquisition of business equipment or making other business decisions as well.  

Consultations for advance tax and financial planning should be made for any big moves in your life whether it is purchasing a home, sending off your high-school graduate to college, setting up targets for retirement or starting a new business venture.  We are here to help with that!  

Portland Monthly has recognized  Pat A. Kimmer, CPA as a Five Star Wealth Manager!  This honor goes to select professionals in the Portland area who scored highest in overall satisfaction based on customer service, integrity, knowledge/expertise, communication, value for fee charged, quality of recommendations and ultimately overall satisfaction.  (As published in the May 2012 issue of Portland Monthly.)

Our Online Office brings financial services directly into your home or business enabling you to more actively participate in your financial management. You can:

Use the Financial Calculators to assist you in tax planning, saving or financial planning for retirement or college, business planning and evaluation, loan options for vehicle or home financing or other personal finance calculators such as home or student budgets, credit assessment, credit card payoff or net worth.

Stay Alert to tax and accounting news by reviewing the monthly client newsletter offering tax and financial tips as well as interesting articles in this area.

Register Your e-mail Address to receive important announcements through Service PLUS!

Access the Client Area for secure file transfer of sensitive information.  After clicking on the Client Area you will have access to my Firm Files transfer Service.  Register as a user and login to upload your confidential documents to get your information to us securely.

Review Tax and Financial Topics of Interest in the Latest News and Announcements section of our site.

Please browse the pages of this site and feel free to e-mail any questions, suggestions or other feedback. Visit often as current news impacting your financial situation will be outlined here.