VT Tax & Finance Blog
Apr 08, 2021
Many business owners that initially did not think they were eligible for the employee retention credit for 2020 ultimately are due to either a full or partial suspension as a result of a government mandate…
Apr 06, 2021
The pandemic has had a tremendous impact on businesses across every industry. Dental practices continue to face challenges brought on by the pandemic, and practice owners have been forced to adjust how they do business.
Apr 01, 2021
Veterinary practices across the country continue to face challenges brought on by the pandemic, and practice owners have been forced to adjust how they do business.
Apr 01, 2021
Which QuickBooks platform is the best for your business? The answer, unfortunately, is IT DEPENDS. Here are three important factors to consider when choosing if QuickBooks Desktop or QuickBooks Online…
Mar 25, 2021
The pandemic has had a profound effect on businesses and how they handle their office environments, influencing many to have their employees work remotely for the health and safety of everyone. Interestingly, remote work, was on the rise before life was flipped upside down thanks to COVID-19.
Mar 24, 2021
The House of Representatives passed the Senate-amended version of the American Rescue Plan Act. It is currently waiting on the President’s signature to turn the bill into law.
Mar 23, 2021
Long-term care (LTC) is something you may need someday for assistance with the basic activities of daily living. Planning for its costs now may help you afford quality care in the future and reduce the risk of LTC expenses draining your savings.
Mar 22, 2021
Income tax filing due date for individuals has been extended to May 17, 2021 for both federal and the state of Vermont.
Mar 19, 2021
If you like to plan for the future and think ahead, there are certain actions that you can begin taking right now to prepare for your 2021 tax return.
Mar 18, 2021
With the tax season in full swing, you might feel like it is too late to recoup and maximize savings for this year. However, there is still time.
Mar 17, 2021
With the second economic stimulus payment going out and tax season underway, you may be wondering if you have to pay taxes on the stimulus checks you received.
Mar 16, 2021
The pandemic has impacted nearly everyone. Your 2020 tax return could also be impacted. Even if you had a pretty straightforward tax return in the past, it may not be the same this time around as a result of the pandemic. It might be necessary to adjust the way that you report income or you might have to pay additional income taxes that you had not planned for.
Mar 11, 2021
Check it out! Davis & Hodgdon CPAs partner John Davis is spotlighted in the newest issue of Best of Burlington.
Mar 11, 2021
Tax season is a busy time of year. It is also busy for savvy criminals. Scammers impersonating the IRS either over-the-phone, by email or in-person can steal money from people. You should stay vigilant against these schemes.
Mar 08, 2021
Stimulus Checks Via Debit Cards
Mar 04, 2021
Following is new information about the Employee Retention Tax Credit (ERC).
Mar 01, 2021
As you prepare to wrap up your bookkeeping records for your accountant to submit your business income tax returns, be on the lookout for errors.
Feb 25, 2021
After calculating your annual revenue for 2020, you noticed that the profit margins were a bit slimmer than you would’ve liked. Even though it’s a new year, we’re still going through a pandemic, and you…
Feb 23, 2021
Following is new information about changes that President Biden is making so that PPP funding reaches smaller, minority-owned firms and sole proprietors that were left behind in previous rounds of aid.
Feb 15, 2021
While being happily married and in love, no one wants to think about divorce. But if you are a business owner, it is something you should think about and the impacts it could have on your business if divorce should happen to you.