Author Archive

35 articles
Vernon Howard

The 2018 Tax Wrap-Up

The tax reform passed at the end of 2017 runs to about 70,000 words. It's a large and complicated piece of legislation, and we can look forward to additional guidance and clarifications. For now, here are...

How to Seek and Secure Investors for Your Business

Running a business, or thinking of starting one? You may need investors. Here are the top suggestions for securing the interest of investors and eventually raising funds: Create a realistic budget to...

Abusive Tax Shelters: Know the Score

Tax avoidance? Accelerating tax deductions, deferring income, changing one's tax status through incorporation, and setting up a charitable trust or foundation. All of these are legal tax shelters. Tax...

Beware the Taxes of Self-Employment

You can be self-employed as a sole proprietor/an independent contractor, or a member of a partnership or of a limited liability company. As such, you need to file an annual income tax return and pay...

Gather All Your Papers for Taxes

Most of the papers you need to document the income, interest and withheld taxes you report arrive in your mailbox in January, with investment-related 1099s often coming in February. Get ready for their...

The IRS Looks Into Executive Compliance

Executive compensation has evolved dramatically in recent years — in creativity, complexity and dollar value. How so? Stock options, deferred compensation, fringe benefits and other noncash alternative...

Third Annual MahoneySabol 5K

Third Annual MahoneySabol 5K at the Travelers Championship to Take Place on April 28, 2018 Local accounting firm supports The Hospital for Special Care through title sponsorship of 5K race Glastonbury,...