Dixon Tax & Accounting of Vermont, LLC

05/21/2024

01/17/2024

At my consulting practice, Dixon Tax & Accounting of Vermont, LLC, I am gearing up for my busy time with 1040s by sending out annual packages to clients.

When I asked my roommate and DTA’s artist extraordinaire Colleen Carroll for some help handwriting addresses she decided to make a little doodle on an envelope that was for a mutual friend. Subsequently, I asked for more! This slate of clients includes a pilot, a snowboarder, a woman with birds, and a man who likes swords.

Come to Dixon Tax for all of your business, individual, and fiduciary needs for tax, accounting, and regulatory compliance, and you, too, might receive a personalized mailing!

01/30/2022

FRESNO, Calif. (KMPH) — Tax season is rapidly approaching, and there are some new rules to be aware of – and old ones many people may not have known about. So, what should taxpayers know if they use fundraising sites like GoFundMe or money transfer apps like Venmo or PayPal? KMPH News di...

01/24/2022

The IRS is "in the roughest shape it's been in in 50 years," says former commissioner Mark Everson. The agency, he says, is understaffed, has more work than it can handle and is underfunded.

12/31/2021

Substantial changes to the Vermont Renter Credit (formerly Renters Rebate) for tax year 2021.

The .gov means it’s official. State government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a state government site.

12/31/2021

I am busy learning this year's updates and gearing up for preparing 2021 taxes. Please reach out with any questions and Happy New Year!

It's almost time to file your federal tax return and there are a handful of changes you need to know about, including steps you need to take regarding child tax credit payments.

04/30/2021

https://marketrealist.com/p/how-do-i-pay-myself-with-ppp-loan/

Sole proprietors: pay yourselves with a PPP loan.

Sole proprietors with no employees can apply for and use PPP loan funds. Here's everything that you need to know about the process.

04/28/2021

After several months of waiting on an application I am now authorized for E-Filing. Processing returns here at DTA will now be faster and more convenient than ever! Still accepting your last-minute friends who haven't made any arrangements for their taxes yet.

03/17/2021

There is now an exclusion applicable to 2020 unemployment benefits. If you have yet to file your 2020 return, make sure you take advantage of this exclusion when you do. We are waiting on guidance from the IRS for those who have already filed.

If your modified adjusted gross income (AGI) is less than $150,000, the American Rescue Plan enacted on March 11, 2021, excludes from income up to $10,200 of unemployment compensation paid in 2020, which means you don’t have to pay tax on unemployment compensation of up to $10,200.