As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. Factors that compound the challenge include turbulence in the stock market, overall economic uncertainty, and Congress’s failure to act on a number of important…
Situated in the hub of downtown Portland at 18 Monument Square, Shay’s Grill Pub is a cozy, convivial neighborhood restaurant with a terrific selection of local microbrews. Brian Brenerman has owned Shay’s since 2006, and he told us, “We’re busy year round thanks to the wide variety of regular clientele that come in, from twenty-somethings…
SALT Associates is a Maine-based “customer-centric” consulting firm that provides expertise and services to disability insurance companies, helping them develop streamlined processes for managing disability claims, absent employees, and other related issues. SALT founder Don Russell and business partner Jeff Verrill recognized a gap for companies needing custom solutions and simplified processes when it comes…
If you’re looking for unique, inexpensive gifts for family and friends, consider socks! But not just plain socks. Socks with sharks on them, or stars or elephants or musical notes. That’s just a sample representation of the variety of socks you can find in The Sock Shack boutique at 564 Congress Street in Portland, Maine.…
Please feel free to contact our front desk staff if you would like an update on your tax return. Remember: we ask for 30 days to turn around tax returns, and we always prepare them in the order they are received. Our staff is hard at work preparing & reviewing all tax returns, so if…
Just a friendly reminder, the IRS has set the E-Filing and electronic payment due date as April 18th, 2016. Regardless of Patriot’s Day, this applies to Maine and Massachusetts residents.
Please have your tax information to us by March 17th in order to meet the April 18th deadline.
For families helping their aging parents remain at home as long as possible — even with debilitating illnesses such as Alzheimer’s, Parkinson’s or chronic diabetes — most people assume that home care is or must be provided by nurses and other medical experts. In reality, the majority of home care services are non-medical, and that’s where…
Watch your mailbox as the 2015 tax organizers have been mailed. The organizer will help you pull together the information necessary to complete your 2015 tax returns. Some of the frequently asked questions relating to the organizer and tax returns are: 1) Are copies okay to send? Yes, you do not need to send us…
If you have been a victim of identity theft you may receive an identity protection personal identification number (IP PIN) from the IRS to use to file your personal return. The IRS will send you the number by a written notice, CP01A. The notices for the current year have been going out since January 4th…
Individual, Trust and Estate Income Tax Brackets 2016 2015 Beginning of 15% Bracket Married Filing Joint (MFJ) or Qualifying Widow(er) (QW) $18.55 $18,450 Single 9,275 9,225 Head of Household (HOH) 13,250 13,150 Married Filing Separate (MFS) 9,275 9,225 Estates and Nongrantor Trusts 0 0 Beginning of 25% Bracket MFJ or QW $75,300 $74,900 Single 37,650…
