Tax Tips for Homeowners
Updated: August 13, 2024 Tax laws give eligible homeowners a…
Here’s what taxpayers need to know about business related travel deductions
Business travel can be costly. Hotel bills, airfare or train…
What to know about the differences between tax credits and deductions
There are key differences between tax credits and deductions. What…
Divorce and Your Tax Return: 5 Things You Need to Know
Divorce can have a big impact on your situation. If…
10 of the most common self-employment tax deductions for 2021
From long hours to variable income, self-employment can be a…
How to Lower Your 2021 Tax Bill
What you do between now and the end of the…
6 Year-End Tax Planning Moves For Small Business Owners
While tax season 2022 may be months away, New Year’s…
Two-Year Tax Deduction on Dining Expenses Benefits Restaurants and Businesses
Congress recently passed the Consolidated Appropriations Act, which includes making…
What Can I Do NOW to Put Myself in the Best Possible Position for 2021?
If you like to plan for the future and think…
Medical Deduction
The following is important information from the Vermont Department of…
5 Tips to Simplify Tax Time
Davis & Hodgdon Associates is excited to begin using TaxCaddy…
Paycheck Protection Program Update: 12/22/2020
The new COVID relief bill that was passed by Congress…
No Change to Home Office Deduction
Due to the pandemic, more people are working from home…
2020 Year-End Tax Planning
There is still time to potentially reduce your 2020 federal…
2020 Tax Planning Tip: Time your income and deductions
You may be able to defer some tax until next…
Tax Tip: Maximize Certain Above the Line Deductions
Under both prior law and the New Tax Law, so-called…
Who really does well with new standard deductions? Your student
Since the Tax Cuts and Jobs Act was signed into…
Reminders as The Tax Deadline Looms
The tax deadline to file individual tax returns and extensions…
Year-End Tax Planning Tip: Don’t Lose the Benefit of Itemized Deductions
If your itemized deductions end up being just under (or…
IRS: Reminder for Parents, Students: Check Out College Tax Benefits
WASHINGTON ? With back-to-school season in full swing, the Internal…
Tips to Keep in Mind for Taxpayers Traveling for Charity
From irs.gov – Here are some tax tips for taxpayers to…
Tips to Keep in Mind on Income Taxes and Selling a Home
IRS.gov, August 1, 2017 – Homeowners may qualify to exclude from…