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VT Tax & Finance Blog

Improved tool on IRS.gov helps taxpayers check their withholding

Aug 21, 2019
All employees should make sure their employers are withholding the correct amount of tax from their paychecks. The best way for employees to do this is to use the new IRS Tax Withholding Estimator on IRS.gov. The…

Davis & Hodgdon Sponsors Rutland Chamber's Winter in August Event

Aug 14, 2019
For the third year in a row, Davis & Hodgdon was honored to sponsor and participate in one of the Rutland Vermont community's most popular annual events, "Winter in August. Winter In August is held in…

7 Ways that an Interest Rate Cut from the Feds Impacts Retirees

Aug 05, 2019
Posted on Bankrate.com; Written by Sarah Foster: Borrowers may celebrate a Federal Reserve rate cut, but it just might put many retirees in a pinch. The U.S. central bank on Wednesday reduced borrowing…

Advantages of Using the QuickBooks Accounting App

Aug 05, 2019
In this age when mobile apps are continually used for every possible need, one particular mobile app stands out for its usefulness to the tech savvy businessperson - the QuickBooks Accounting App. What…

Tallie: Tracking Your Business Expense Receipts Just Got Easier

Jul 29, 2019
Are you tired of keeping track of your paper receipts and having to manually enter them into your accounting software? Are your employees forgetting to track or losing receipts? Put an end to chasing down…

Summertime Tax Tips for Traveling

Jul 24, 2019
It’s summertime, and for many that means travel time! Know that there are some things you might consider with your summer travel plans to improve your tax situation this year. Here are a few tips. Self-employed?…

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.…

Summertime Tax Tips for those with Children

Jul 17, 2019
If you have kids you should know about a couple of things you could do this summer that might result in a break on your tax bill this year. Here are a few tips. Hire your child. If you own a business,…

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.…

Keep All of Your Financial Records in One Place With HubDoc

Jul 10, 2019
Is your staff always after you for access to your vendor statements? It’s time to stop chasing online bills and statements. You can allow your staff, accountant, or bookkeeper access to all your statements…

Two Key Tax Changes Beginning July 1

Jul 09, 2019
By Ellie French, VT Digger 7/8/19 - Two significant tax changes went into effect on July 1, affecting the sale of capital assets and real estate. The first, involving the capital gains tax, will cap the…

Vermont: Landlord Certificate Bulk Uploads Now Possible

Jul 01, 2019
In a release from the Vermont Department of Taxes, they have announced that Landlords can now use bulk upload when filing the Landlord Certificate. If you are landlord and have a large number of rental…

Taking the CPA Exam

Jun 25, 2019
What to do prior to test day: Find the location and room of your Prometric testing center. Go to the testing center prior to test day and perform a trial run. Locate where and how much you will be…

Key Resources for Accounting Students and CPA Candidates

Jun 13, 2019
Are you an Accounting college student or CPA candidate? Following are some helpful links to make your journey towards accounting greatness a little easier - from finding the right fit, to detailed information…

Business Owners: It’s Time for You to Simplify Your Bill Paying Process

Jun 12, 2019
Bill.com is making it easier for small business owners to avoid late fees and pay their bills on time. For many business owners there just isn’t enough time in the day to fit in the task of paying bills.…

Vermont Brothers Sell Company to Their Employees

Jun 05, 2019
Vermont Business Magazine -  Brothers and co-owners Jason and Shaun Patnaude announced that they have sold their mechanical and building automation contracting company to their employees in Vt., N.H.,…

Community Matters: Quantifying the Firm CSR Initiatives Since 2013

May 28, 2019
Our relationship with our community has always been the foundation of our success. At Davis & Hodgdon we are committed to using our resources and expertise to give back and help improve the community in…

How Long Do You Need to Keep Those Tax Documents?

May 08, 2019
Tax season is officially over and many people are wondering how long they should keep some of their documentation. There are different recommendations depending on the type of document you have. Even with…

Women Business Owners Network Grows in Rutland

Apr 25, 2019
The Women Business Owners Network (WBON), a statewide organization that fosters, supports, and advances women business ownership in Vermont through learning and networking opportunities is growing in Rutland. The…

IRS: Taxpayers can get faster tax refunds with Direct Deposit

Apr 10, 2019
WASHINGTON — With the tax deadline nearly here, the Internal Revenue Service encourages all taxpayers to join the 80 percent of filers who choose Direct Deposit to get their tax refund faster. Direct…