Our Blog

Alyssa Hodges, CPA  • 

​Vermont endured some harsh weather earlier this month. While this has been incredibly difficult for businesses and individuals and we wish them the best while they recover and rebuild, the IRS has provided relief by giving more time to file upcoming returns.

Rebecca Acorn, CPA, MST  • 

Form 720 is used to report various excises taxes owed to the federal government on a quarterly basis. So why write about it now, has there been a change to the Environmental, communication or fuel taxes? No, it is Part II - Patient Centered Outcomes Research Fee (PCOR) that warrants this article. 

Gentle Readers,
​
This is likely my shortest missive of all time. Don’t dismay: if I survive the April tax deadline (and I always do), I’ll be back with long and windy articles with breathtaking insights and commentary. However, today my message is short and sweet.

You must return the signed Form 8879 before your tax preparer can file your return!! 
​

On December 28, 2022, the New Hampshire Department of Revenue Administration (DRA) released the new Business Profits Tax (BPT) and Business Enterprise Tax (BET) filing threshold in TIR 2022-006.  The following are the new requirements for the taxable periods beginning January 1, 2023:
​

In the most recent issue of NH Business Review Mason + Rich answers some questions affecting business tax owners this year. 

Q: What are some of the new tax regulations that NH businesses will encounter this year?