Entries by Sarah Scheffer

Payment Deadline Extended

Following President Trump’s emergency declaration pursuant to the Stafford Act, the US Treasury Department and Internal Revenue Service (IRS) issued guidance allowing all individual and other non-corporate tax filers to defer up to $1 million of federal income tax (including self-employment tax) payments due on April 15, 2020, until July 15, 2020, without penalties or interest.

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COVID-19 – Business Updates

As the world health community continues to closely monitor the COVID-19 virus, Leone, McDonnell & Roberts is taking active measures to protect the well-being of our employees, clients, business associates and friends, while ensuring we continue to meet business needs.

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CPA for a Day

Leone, McDonnell & Roberts recently hosted a CPA for a Day event for college students to cultivate their career development by exploring the profession of public accounting and gaining an understanding into the day-to-day work of an accountant.

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Do You Qualify For Education Credits?

Each year, countless taxpayers miss out on relevant education credits simply because they aren’t familiar with the benefits offered through this program. Education credits were designed to help defray the high (and constantly rising) costs associated with higher education by minimizing tax burden obligations on your filed return.

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LMR Employees Support the Good Work of Zebra Crossings

At Leone, McDonnell & Roberts, community is at the heart of everything of we do. We attribute our strength and success as a firm to the partnerships and connections that have been forged throughout the years. Recently, our employees collected donations for a deserving Dover, New Hampshire organization, Zebra Crossings.

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Updated 2020 W-4 Form: What You Need to Know

The Tax Cuts and Jobs Act (TCJA) has prompted multiple legislative and regulatory tax changes. The reform has even impacted documentation protocol. In early December 2019, the IRS announced a redesigned 2020 Form W-4. The form modifications are designed to better incorporate the changes enacted by the TCJA.

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