Author Archive

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MahoneySabol

MahoneySabol Hires New Tax Partner

Firm welcomes Crystal Germanese as Partner in the Tax Department GLASTONBURY, CT - July 9, 2025 - MahoneySabol, a regional certified public accounting firm based in Glastonbury, today announced the...

MahoneySabol Promotes Casey O’Brien to Partner

Longtime team member to assume expanded leadership role in attest department GLASTONBURY, CT – July 1, 2025 – MahoneySabol, a regional certified public accounting firm based in Glastonbury, is proud to...

2024 Year-End Tax Planning For Individuals

2024 Year-End Tax Planning For Individuals

With rising interest rates, inflation, and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over...

2024 Year-End Guide: Transfer Pricing

2024 Year-End Guide: Transfer Pricing

Transfer Pricing and Beat Planning The base erosion anti-abuse tax, known as “BEAT,” introduced as part of Tax Cuts and Jobs Act in 2017, was intended to prevent taxpayers from reducing their U.S tax...

2024 Year-End Guide: Tax Automation & Innovation

2024 Year-End Guide: Tax Automation & Innovation

An effective tax function needs the breadth and depth of technical knowledge to assess the impact of tax changes on a business’s overall tax liability and adjust tax strategies accordingly. That requires...

2024 Year-End Guide: State & Local Tax

2024 Year-End Guide: State & Local Tax

With thousands of taxing jurisdictions from school boards to states and many different types of taxes, state and local taxation is complex. Each tax type comes with its own set of rules — by jurisdiction —...

2024 Year-End Guide: Partnerships

2024 Year-End Guide: Partnerships

The IRS in the past year has continued to ramp up its scrutiny of partnerships’ tax positions, including several pieces of new guidance taking a multiprong approach to partnership “basis shifting”...

2024 Year-End Guide: International Tax

2024 Year-End Guide: International Tax

Proposed Dual Consolidated Loss Regulations The Department of the Treasury and the IRS on August 6 released proposed regulations on the dual consolidated loss (DCL) rules and their interaction with the...