Jay

[Mahoney Sabol @MahoneySabol]

This year the Middletown Community #Thanksgiving Project provided over 836 Thanksgiving baskets to Middletown families in need! We are thrilled to have helped this organization through @Middlesex_UW for the 10th year.

#MahoneySabol #CT #Donation #SupportLocal #CommunityService

[Mahoney Sabol @MahoneySabol]

The number of #electricvehicles in CT has doubled in 2 years. @DOEE_DC (#DEEP) announced funding of up to $4 million for public and private entities to install EV Supply Equipment to reduce #airpollution.
Learn more: https://t.co/8p2vDrpeIt
#CleanEnergy #CleanAir #MahoneySabol

[Mahoney Sabol @MahoneySabol]

Are you a member of the military? With #TaxDay coming up you could have more to deduct than you think! The IRS approves deductions for the military including housing, deadline extensions, and more.

Learn more: https://t.co/BjyNvYznh5

#TaxSeason #Military #IRS

[Mahoney Sabol @MahoneySabol]

The IRS may owe you hundreds of dollars!
You could be owed tax returns from 2018 if you did not fill them out, along with a significant Earned Income Tax Credit.
You have until April 18 to fill out your 2018 tax returns. Click on the link to learn more: https://t.co/no2OjCpCqD

[Mahoney Sabol @MahoneySabol]

It's common for a #CPA to suffer from mental health disorders such as #anxiety and depression, and left untreated, can lead to reduced quality of life and productivity.

Learn more about #mentalhealth within the #accounting industry: https://t.co/DR4eEuVKhG

[Mahoney Sabol @MahoneySabol]

The new #FASB leasing guidance requires most long-term leases, to be presented on balance sheets, with an asset and corresponding liability.

In this recent article in the @HartfordBiz, Partner Michael Sabol explains the FASB further: https://t.co/h4uke1CExI

#Taxes #TaxSeason

[Mahoney Sabol @MahoneySabol]

The IRS announced it’s providing transition relief under which eligible pass-through entities will not have to file new Schedules K-2 and K-3 for the tax year 2021.
Learn more about the relief here: https://t.co/DosIx2QXjv

#ScheduleK2 #TaxSeason #Taxes #IRS

[Mahoney Sabol @MahoneySabol]

Rent can be deducted as a business expense when the property is used for business purposes. Here are some things small business owners should keep in mind when it comes to deducting rental expenses:
https://t.co/YElCiIuPBz

#Taxes #SmallBusiness #Rent #TaxDeductable #TaxTip

[Mahoney Sabol @MahoneySabol]

Tomorrow is the #deadline for corporate #taxreturns (Form 1120-S) for the tax year 2021. But don't stress! If you haven't filed, you still have time to request a six-month #extension.

[Mahoney Sabol @MahoneySabol]

Did you know the Employee Retention Credit provides employers up to $7,000 per employee per quarter in refundable tax relief for the first three quarters of 2021?

Learn more about the ERC here: https://t.co/aRMmu5qpmK

#ERC #TaxSeason #SmallBusiness #TaxRelief

[Mahoney Sabol @MahoneySabol]

Taking a proactive approach to mitigating a #cyberattack will prepare your employees and benefit your organization now and in the #future.

Read more about managing cybersecurity risk: https://t.co/lX3j0kmtNv

#Cybersecurity #MahoneySabol

[Mahoney Sabol @MahoneySabol]

#TaxSeason can be stressful. Here are some #tips on how to make your filing experience quick and stress-free. Learn more here: https://t.co/oBCseCXEcN

#IRS #StressFree #Taxes

[Mahoney Sabol @MahoneySabol]

#SmallBusiness owners using #Venmo or #PayPal are now required to report commercial transactions totaling more than $600 per year to the #IRS.

https://t.co/BNEmFFOMnn

[Mahoney Sabol @MahoneySabol]

#Taxpayers have more items to navigate this year than ever before, all while working with an #IRS that is increasingly underwater.

Learn more here: https://t.co/O7B5m4CjpC

[Mahoney Sabol @MahoneySabol]

Are you a #smallbusinesses owner? Find out how you can deduct your #homeoffice from your #2022 taxes!

https://t.co/jUbaJ6FJQv

[Mahoney Sabol @MahoneySabol]

Our team is excited to announce Tracy McKaveney's #promotion to #Partner in the Assurance Services Department of #MahoneySabol. Tracy has been with us for 15 years, and we appreciate her continued efforts to grow our firm!

Learn more here: https://t.co/UWG8gA60lX

[Mahoney Sabol @MahoneySabol]

The $15 billion Shuttered Venue Operators Grant was created by The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, While no start date has been set, the #SBA recommends actions that applicants should be taking now. https://t.co/ZN2j3dif6U #MahoneySabol

[Mahoney Sabol @MahoneySabol]

We are so proud and thankful to be recognized by @Forbes as one of the Top Tax and Accounting Firms in the nation, and one of only 4 firms in Connecticut with the distinction. See the list here: https://t.co/qFEu89gqYB #MahoneySabol

[Jay @jayjrasmus]

VIDEO: Money Monday: Three things people should know about Federal Reserve’s plan for low interest rates https://t.co/bR2WCWPhHp via @WFSBnews

[Mahoney Sabol @MahoneySabol]

Due to COVID, many merger and acquisition deals were put on hold, and 'proceeding with caution' is now a prevailing philosophy in the space. What will the new M&A marketplace look like? Click here to find out: https://t.co/tiwZiqdWfS #MahoneySabol #Business #Finance #COVID