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Update from the Vermont Department of Taxes

Update from the Vermont Department of Taxes

Jul 31, 2018
2018 Tax Changes The Vermont Department of Taxes has posted some important information about tax law changes effective July 1. Social Security ExemptionAct 11, passed during the 2018 Special Session,…
Vermont Tax Revenues Look Good for Next Two Years

Vermont Tax Revenues Look Good for Next Two Years

Jul 30, 2018
by Timothy McQuiston, Vermont Business Magazine - This had to be the most jovial Emergency Board meeting since at least before the Great Recession began in 2008. Tax revenues were great last year (fiscal…

Student Attitudes Shift after Experiencing Manufacturing

Jul 25, 2018
Vermont Manufacturing Extension Center - How do you encourage students to pursue manufacturing careers? In most cases, it's not so much up to you as it is them. According to research conducted by The…

Check Your Property Tax Bill: VT Tax Dept Missed Deadline for Issuing Some Adjustments

Jul 23, 2018
Posted on VPR, 7/18/18 By Howard Weiss-Tisman - The Vermont Department of Taxes was not able to process all of the property tax adjustment claims in time to meet a July 1 deadline. As a result, towns that…
General Fund Tax Revenues Finish Year More Than $65 Million Over Target

General Fund Tax Revenues Finish Year More Than $65 Million Over Target

Jul 19, 2018
by Timothy McQuiston, Vermont Business Magazine - Vermont personal income taxes finished the month of June ahead of projections again, pushing General Fund revenues for the month and the now-completed…
Taxpayers Should Consider Checking Their Withholdings Soon

Taxpayers Should Consider Checking Their Withholdings Soon

Jul 12, 2018
irs.gov - Taxpayers who owed additional tax when they filed their federal return earlier this year should do a “paycheck checkup” as soon as possible. The IRS Withholding Calculator and Publication 505,…

4th of July in Vermont

Jul 02, 2018
Looking to make some memories this fourth of July? Find a list of Vermont state festivities and events near you on the following websites: Find and Go Seek: https://www.findandgoseek.net/category/4th-of-july Visit…

Vermont Legislature Wrap-up 2018

Jun 28, 2018
What the VT Legislature got done, and what they didn't. - VT Digger
American Philanthropic Giving Surpassed $400 Billion in 2017

American Philanthropic Giving Surpassed $400 Billion in 2017

Jun 21, 2018
By Giving USA, 6/12/18 - Americans achieved a philanthropic landmark in 2017: for the first time total charitable giving surpassed $400 billion in a single year. A booming stock market and a generally…

Renting Your Room With A View in Vermont? Here's What You Need to Know

Jun 06, 2018
Important tips from the Vermont Department of Taxes regarding the Vermont Meals and Rooms Tax

Vermont tax revenues soar above targets for April

May 31, 2018
by Timothy McQuiston Vermont Business Magazine - As anticipated, Vermont tax revenues have exceeded economists' initial expectations, both overall and in several sub-categories. With two months left in…
Breaking down the VT House tax bill that Gov. Scott has threatened to veto

Breaking down the VT House tax bill that Gov. Scott has threatened to veto

May 09, 2018
Burlington Free Press, 3/30/18, MONTPELIER - Vermont lawmakers are attempting to change the way Vermont pays for education as part of a wide-ranging tax package. The Vermont House of Representatives started…
IRS urges small businesses: Protect IT systems from identity theft

IRS urges small businesses: Protect IT systems from identity theft

May 03, 2018
IR-2018-111, May 3, 2018 WASHINGTON — The IRS, state tax agencies and the nation’s tax industry are warning small businesses to be on-guard against a growing wave of identity theft attempts against employers. Small…

Rutland Emerging Entrepreneurs Graduate

Apr 26, 2018
Rutland's future entrepreneurs completed the Center for Women & Enterprise (CWE) 10-week Business Planning course and graduated on Thursday, April 19. The group graduated with completed business plans…
VT Digger: Nonprofits ask lawmakers to rethink charitable tax credit proposal

VT Digger: Nonprofits ask lawmakers to rethink charitable tax credit proposal

Apr 23, 2018
VTDigger, 4/22/18 - Nonprofit leaders say a provision in the House income tax reform plan could discourage Vermonters from making large charitable donations. Under H.911, the tax bill passed by the House…

Free Seminar: Ownership Succession Planning in Rutland Vermont

Apr 17, 2018
Free Seminar: The Search for a Good Exit: Introduction to Ownership Succession PlanningTuesday, May 1, 2018 from 2:00 PM to 5:00 PM (EDT)Rutland Economic Development Corporation67 Merchants Row, Rutland,…

Check the Status of Your Tax Refund

Apr 10, 2018
March 28, 2018 Tags: Tax tips, Tax refund, IRS, Taxes, AccountantDid you know you can check the status of your Vermont state or federal tax refund online? For the status of your Vermont state tax refund…
Vermont Farm Table Grows Business, Connection to Working Landscape

Vermont Farm Table Grows Business, Connection to Working Landscape

Apr 03, 2018
Congrats to our client in the news! Vermont Farm Table was recently spotlighted in the following article from Vermont Business Magazine. Dustin Glasscoe, owner of Vermont Farm Table, is quick to point…
Former Vermonters to get 'Welcome Home' tuition rate for state colleges

Former Vermonters to get 'Welcome Home' tuition rate for state colleges

Mar 29, 2018
Vermont Business Magazine, 3/28/18 - The Vermont State Colleges System has adopted a new “Welcome Home” tuition policy making it easier for former Vermonters to return to the state and immediately qualify…

Report Business Credit Card Payments Using FEIN

Mar 26, 2018
Notice from the Vermont Department of Taxes: If you are a business that takes credit card payments from customers, make sure the payments issued by the bank go to your business Federal Employer Identification…