Entries by Sarah Scheffer

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.

/by

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.

/by

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.

/by

Tax Implications of Selling a Home: What You Need to Know

Selling a home is a stressful time for most people. However, based on the temperature of the real estate market, it can also be a profitable experience for property owners. While most people recognize that they will have to pay some type of tax after the sale of their home, they often aren’t sure exactly sure of the tax laws or what they’ll ultimately have to pay.

/by