Tag: vermont accountant

Davis & Hodgdon Welcomes Michael Gabriele

Mar 04, 2019
Welcome Mike! Davis & Hodgdon is very excited to announce the addition of Michael Gabriele to our Rutland team of accountants. Michael graduated from Southern New Hampshire University with a Bachelor’s…

Why is Bookkeeping Reconciliation Necessary?

Oct 04, 2018
It's time for your accountant to review your bookkeeping records. Step one is for him/her to check whether balance sheet accounts have been reconciled in order to feel assured that all transactions have…

QuickBooks Online: What are Undeposited Funds?

Oct 17, 2018
Undeposited Funds/Undeposited Funds account is a default account in QuickBooks Online that temporarily holds funds from payments to your company until you deposit them to your bank account. Think of the…

Tax Planning and Tax Preparation are NOT the Same Service

Oct 22, 2018
As year-end approaches, there is no better time than now to begin tax planning for yourself and your business to ensure that you are on track to be in the best possible position for your 2018 tax returns. Tax…

Happy Halloween from the staff at Davis & Hodgdon!

Nov 01, 2018
Our annual Halloween costume contest was very competitive this year and generated some memorable staff images! And the winners are... Best Costume: RyanMost Creative Costume: MegFunniest Costume: Rebecca Best…

New Year-End Planning Tips for Individuals and Businesses Now Available

Dec 03, 2018
Year-end is right around the corner and it's time to consider strategies to ensure you take advantage of all possible tax saving options for your 2018 return(s). As a service to our clients, business…

The Benefits of Filing a Tax Extension

Apr 08, 2019
As a result of the new tax law, the IRS is expecting to have many more extensions filed this tax season. The advantage of a tax extension is that it gives you (and us) more time to compile all of the needed…

Summertime Tax Tips for Newlyweds

Jul 17, 2019
Although taxes may be the furthest thing from your mind right now, it’s good to know how certain things you do this summer may affect your taxes – and possibly result in a break on your tax bill this year.…

Summertime Tax Tips for Your Home

Jul 17, 2019
As a homeowner there are some things that you might consider doing this summer - things that could have a positive impact on this year’s taxes. Here are a few tips. Keep your home improvement receipts.…

The 20 Percent Deduction for Qualifying Business Income Explained

Oct 17, 2022
The Tax Cuts and Jobs Act (TCJA) of 2017 had a significant impact on virtually every business and individual. Among those changes, Congress reduced the top tax rate for “C” corporations from 35% to a…