Author Archive

32 articles
MahoneySabol
2025 Year-End Guide: Income Taxes

2025 Year-End Guide: Income Taxes

Regardless of whether your company is taxed as a C corporation at the 21% rate or organized as a pass-through, the rules for calculating and recognizing income have changed significantly. The One Big...

2025 Year-End Tax Planning For Individuals

2025 Year-End Tax Planning For Individuals

With the passing of the One Big Beautiful Bill Act (OBBBA), the Federal Reserve cutting interest rates, and inflation showing signs of moderating, tax planning remains as important as ever for taxpayers...

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 —...