VT Tax & Finance Blog

5 Tips to Simplify Tax Time 

Dec 29, 2020
5 Tips to Simplify Tax Time 

Paycheck Protection Program Update: 12/23/2020

Dec 24, 2020
Paycheck Protection Program Update: 12/23/2020

Paycheck Protection Program Update: 12/22/2020

Dec 24, 2020
Paycheck Protection Program Update: 12/22/2020

Paycheck Protection Program Update: 12/15/2020

Dec 22, 2020
Paycheck Protection Program Update: 12/15/2020

2020 Holiday Gift Drive Success in Chittenden and Williston Counties

Dec 21, 2020
As is our tradition every year, the staff at Davis & Hodgdon and Copper Leaf Financial held a holiday gift drive for families in need! Our Williston, Vermont staff bought gifts for children through Steps…

2020 Individual Year-End Tax Planning Tips Continued

Dec 17, 2020
2020 Individual Year-End Tax Planning Tips Continued

2020 Business Year-End Tax Planning Tips Continued

Dec 15, 2020
2020 Business Year-End Tax Planning Tips Continued

2020 Individual Year-End Tax Planning Tips 

Dec 10, 2020
2020 Individual Year-End Tax Planning Tips 

2020 Business Year-End Tax Planning Tips

Dec 08, 2020
2020 Business Year-End Tax Planning Tips

Today is Giving Tuesday!

Dec 01, 2020
Today is Giving Tuesday!

What You Need to Know About 1099 Compliance

Nov 24, 2020
As we approach year-end, now is a good time to review payments you’ve made during 2020 to determine if there are any that require a 1099 to be produced. The timely filing of these 1099 forms is critical,…

Tracking Business Mileage Made Easy

Nov 10, 2020
Are you still manually tracking your business mileage? If so, it might be a good time to consider a time-saving apps to take this on. Or, maybe you are no longer carpooling due to COVID and are looking…

Gov. Phil Scott Vermont signs taxation-related legislation

Nov 10, 2020
Gov. Phil Scott Vermont signs taxation-related legislation

Martha Leonard Earns Certified Bookkeeper Designation

Oct 19, 2020
RUTLAND, Vt., October 19, 2020 – Davis & Hodgdon Associates CPAs is pleased to announce that Martha Leonard has earned the Certified Bookkeeper (CB) designation from the American Institute of Professional…

2020 Year-End Tax Planning

Oct 15, 2020
There is still time to potentially reduce your 2020 federal income taxes, but you’ll need to act soon! Several tax minimization strategies are presented here – many of which need to be completed by December…

2020 Tax Planning Tip: Additional considerations

Oct 15, 2020
Is this a good year to convert to a Roth IRA? If you have been thinking about converting your tax-deferred traditional IRA to a tax-free Roth IRA, this may be the year to consider it. Converting a Roth…

2020 Tax Planning Tip: Minimize taxes on your estate and inherited retirement accounts.

Oct 15, 2020
Use your annual gift tax exclusion. If you think that your estate will be subject to estate taxes, consider giving some of it away tax-free during your lifetime using the annual gift tax exclusion. The…

2020 Tax Planning Tip: Keep taxes to a minimum on investments in taxable accounts

Oct 15, 2020
Harvest investment losses to help lower your tax bill. One way to reduce the taxes on your capital gains and ordinary income is to sell some investments that have decreased in value since you bought them. When…

2020 Tax Planning Tip: Be smart about your donations

Oct 15, 2020
NEW for 2020: Claim an above-the-line deduction for cash contributions up to $300. Normally, only those taxpayers who itemize deductions on their tax returns can deduct the contributions they make to…

2020 Tax Planning Tip: Make the most of retirement accounts and HSAs

Oct 15, 2020
Use tax-deferred retirement accounts to shelter income from current taxes. Contributing to a tax-deferred retirement plan at work is a great way to minimize your current taxes. The money you contribute…