Entries by Sarah Scheffer

Cryptocurrency and Taxes – What You Should Know

The IRS recently announced that they have sent almost 10,000 letters to taxpayers who may have incurred a tax liability due to unreported cryptocurrency transactions. These individuals have been identified using data analytics as part of the IRS’s expanded efforts regarding non-compliant taxpayers and cryptocurrency. The government’s goal is to not only make these identified taxpayers compliant but also to educate taxpayers on the reporting requirement that was initially addressed in Notice 2014-21 detailing the taxability of these transactions as well as a very informative FAQ section.

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Leone, McDonnell & Roberts, PA Welcomes New Team Members

We are pleased to welcome Molly Burns, MSA, Robert Franger, MSA and Ryan Olver, MSA as Staff Accountants to the Dover, New Hampshire office. All three new hires have interned with the firm multiple times honing in on their skills, getting to know clients and gaining valuable work experience. Growing up in Bedford, New Hampshire, […]

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Leone, McDonnell & Roberts, PA Announces Promotions

We are pleased to announce the promotions of Christopher McKay to Principal and Zach McKenzie to Senior. Chris joined the firm in 2009 and has specialized in nonprofit audit, accounting and tax preparation services for closely-held or family-owned businesses and individuals. He is a member of the American Institute of Certified Public Accountants (AICPA) and […]

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Evan Stowell Appointed Managing Partner

We are pleased to announce that Evan Stowell has been named Managing Partner of the firm effective July 1, 2019. Evan was named Partner and appointed Secretary in 2012, and he has been an integral member of firm management. He succeeds Jack Callahan, who served as Managing Partner for seven years. Jack has been a […]

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Marketing Tips for your Accounting Firm

Accounting is a highly competitive industry, making it critical for firms of every size and across every specialty to develop a cohesive marketing plan. Here are some marketing tips that can help accounting optimize growth opportunities.

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Why Bother to Reconcile your Bank Statements?

In the “old days” (not so very long ago), reconciling your bank statements was important as it took checks a week or so to clear the bank, which meant that the balance the bank calculated likely did not include checks that you had recently written. Things have changed now, with electronic means being the preferred method of banking. However, there are still many good reasons to reconcile your accounts.

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Freedom Planning for Business Owners

The thought of retirement is often met with fear and anxiety, leading to various degrees “planning paralysis.” If we are able to view retirement through a different lens, the feelings of fear and anxiety may be replaced by anticipation and confidence. There are, of course a wide range of complexities that come with this phase of life that ought to be addressed. However, much of the retirement planning process is futile until our financial destinations are defined.

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