Ray Knaub & Company, P.C.

Ray Knaub & Company, P.C. Ray Knaub & Company, P.C. is licensed in PA and specializes in tax and accounting needs. We are professional, experienced, and affordable. Ray L. P.C.

is a full-service Certified Public Accounting firm licensed in PA. All our CPA's hold valid PA State CPA Certificates. We offer a broad range of services for business owners, executives, and independent professionals. We can, and do, represent clients all over the United States. Knaub, Jr., CPA
Ray grew up in Windsor, York County, Pennsylvania. He graduated from Red Lion High School where he earne

d varsity letters in football and baseball. Upon graduation he enlisted in the United States Marine Corps. After three years of honorable service to his country, he attended Pennsylvania State University, earning a degree in accounting. After one year with a large international company as a financial and cost accountant, he joined a small public accounting firm in Baltimore Maryland. Soon after joining the firm in 1984, he earned his certification as a Certified Public Accountant. He was promoted to partner after five years and spent twelve years there. Family drew him to the Wyoming Valley in Northeastern Pennsylvania in 1996 and after two years he started his own CPA firm, which is now operating as Ray Knaub & Company PC. The services he provides include tax services for individuals, businesses, estates and trusts, and non-profits. He also provides consulting, accounting, and auditing services for a wide base of clients that also includes small governmental units. He enjoys life with his wife Marlene since 1988 and his three children. He enjoys golf, spectator sports, hunting and relaxing with family and friends. He is a member of Saint Elizabeth Ann Seton Parrish in Swoyersville, member of the Wyoming Business Club and a prior member of the Wyoming Rotary. He also coached youth baseball and football for more than 20 years. Knaub III
Ray grew up in West Wyoming, Pennsylvania. He graduated From Wyoming Seminary College Preparatory School in 2018, and subsequently enrolled at King's College majoring in Accounting with minors in Finance and Forensic Accounting, and will graduate in May of 2022. Upon graduation he will prepare for and sit for the Certified Public Accountant (CPA) and Certified Management Accountant (CMA) certifications. Ray did an internship with a local contractor assisting in various internal accounting roles and project management, and with a larger Federal Government Focused Accounting Firm. Ray ultimately ended up right where he began his first internship at Ray Knaub & Co. Ray sits on the Board of Directors for the Greater Pittston Santa Squad, a local nonprofit, and is a member of Saint Elizabeth Ann Seaton Parish in Swoyersville, PA. In his free time, Ray enjoys hunting, golfing, homebrewing beer, and Sports. Playing from 1st grade throughout high school, Ray has always been a football fan, cheering on Penn State and The Philadelphia Eagles. He also enjoys spending time with family, friends, and his girlfriend Nicole.

Are you behind on federal tax payments or worried about defaulting on an IRS installment agreement? You might have more ...
06/11/2026

Are you behind on federal tax payments or worried about defaulting on an IRS installment agreement? You might have more options than you realize. If your finances have changed, the IRS may let you adjust your payment plan to lower monthly payments or a new schedule. If your agreement is terminated, you can request reinstatement. You can also consider an offer in compromise, which may allow you to settle for less than you owe. If you’re facing serious financial trouble and can provide evidence of undue hardship, the IRS sometimes allows up to six months to pay. It helps to act early. Call us at (570) 613-1000 with questions.

Do you dream of retiring early? As in, really early? So do adherents of FIRE (Financial Independence, Retire Early). Man...
06/10/2026

Do you dream of retiring early? As in, really early? So do adherents of FIRE (Financial Independence, Retire Early). Many FIRE followers aim to retire in their 40s or even 30s! They make it happen by saving at least 50% of their current income, which some maximize by working second jobs. Obviously, this requires discipline and planning. But if early retirement is a priority, call us {Phone%} so we can help you make it happen.

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For...
06/09/2026

If you own foreign assets and fail to properly address them in your estate plan, unexpected tax outcomes can result. For example, if you’re a U.S. citizen, your worldwide assets are potentially subject to federal gift and estate taxes, regardless of where you live or where the assets are located. So, if you own assets in other countries and the assets are subject to estate, inheritance or other death taxes in those countries, there’s a risk of double taxation. Call us at (570) 613-1000 to learn more about how to properly account for foreign assets in your estate plan.

Are rental real estate activities eligible for the qualified business income (QBI) deduction? The answer is a distinct “...
06/06/2026

Are rental real estate activities eligible for the qualified business income (QBI) deduction? The answer is a distinct “maybe.” This tax break allows eligible sole proprietors and owners of “pass-through” entities to deduct up to 20% of QBI. Pass-through entities include partnerships, S corporations and most limited liability companies. However, income from a rental real estate activity is QBI only if the activity rises to the level of a trade or business or meets an IRS safe harbor, which generally requires separate records, sufficient rental services and specific documentation. Various limits and other restrictions also apply. Call us at (570) 613-1000 to learn more.

Are tax problems weighing on you? If you’re facing IRS notices, unfiled tax returns or mounting tax debt, acting quickly...
06/04/2026

Are tax problems weighing on you? If you’re facing IRS notices, unfiled tax returns or mounting tax debt, acting quickly can make a difference. We can help you evaluate resolution options and work with the IRS to possibly reduce the burden. Call us at (570) 613-1000 to discuss your situation and explore next steps.

Imagine if a fraud perpetrator wiped out your 401(k) account balance overnight. Would you still be able to retire? Milli...
06/03/2026

Imagine if a fraud perpetrator wiped out your 401(k) account balance overnight. Would you still be able to retire? Millions of dollars in U.S. retirement plans have been stolen thanks to hackers, identity thieves and social engineers, such as scammers using phishing emails to obtain financial and other personal information. But you can protect your hard-earned savings! Call us (570) 613-1000 for retirement planning help.

Today’s finance and accounting (F&A) teams are under significant pressure. Tight deadlines, lean staffing, evolving regu...
06/02/2026

Today’s finance and accounting (F&A) teams are under significant pressure. Tight deadlines, lean staffing, evolving regulations and growing compliance demands can lead to burnout, errors and turnover. Retention isn’t just about compensation. Practical operational improvements can make a real difference. Consider automating repetitive tasks, clarifying approval workflows, cross-training staff to ease bottlenecks and leveraging external resources during peak times. When your F&A team has the right structure and support, they’re more productive, accurate and engaged. Call us at (570) 613-1000 to brainstorm cost-effective ways to strengthen your financial operations.

Does your business provide complimentary on-site food and beverages for employees? The rules for deducting certain busin...
05/30/2026

Does your business provide complimentary on-site food and beverages for employees? The rules for deducting certain business meals have changed. Beginning in 2026, employers generally can’t deduct 1) meals treated as de minimis fringe benefits, or 2) employer-provided meals that are excludable from an employee’s income and provided for the employer’s convenience on business premises. For the 2025 tax year, generally the former were 100% deductible and the latter were 50% deductible. Contact us at (570) 613-1000 to discuss whether this change will affect your company and how to plan accordingly.

It’s almost never too late to start planning for retirement. Whether you already have large 401(k) or IRA balances or ar...
05/27/2026

It’s almost never too late to start planning for retirement. Whether you already have large 401(k) or IRA balances or are starting from scratch, we can help craft a strategy that reflects your personal situation and addresses your goals. So start thinking about what’s important to you: Building a big nest egg, reducing income tax liability, something else … We’re here to help make it possible!

For small business owners, tax planning shouldn’t be a once-a-year chore. It affects nearly every business decision you ...
05/26/2026

For small business owners, tax planning shouldn’t be a once-a-year chore. It affects nearly every business decision you make. From how you pay yourself to when you invest in equipment, the right moves can lower your tax bill … and the wrong ones can cost you. With major tax law changes taking effect in 2026, now’s the time to be proactive, not reactive. We can help you understand which strategies, deductions and credits matter most for your business. Call us at (570) 613-1000 to learn how smart planning today can lead to long-term tax savings.

Address

389 Wyoming Avenue, Suite 101
Wyoming, PA
18644

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+15706131000

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