Leone, McDonnell & Roberts, PA | eNewsletter | Fall 2021 |
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"And all at once, summer collapsed into fall" – Oscar Wilde |
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Status of the IRS Backlog |
According to a report issued by the Treasury Inspector General on September 2, 2021 – the IRS had a backlog of nearly 8 million paper business tax returns in 2020 due to the COVID-19 pandemic (as of December 2020). That’s a 3,230% increase relative to the same time frame in 2019. The report found that the backlog, along with correspondence and other types of tax-related business needed to be addressed and processed. To learn more, we invite you to read our blog.
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LMR Promotions - Summer 2021 |
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We are proud to announce the promotion of Certified Public Accountant Jason Gaskell to Principal, Tavia Cederberg to Principal and Abby Lamothe to Supervisor.
“We are proud to recognize these talented professionals,” notes Managing Partner Evan Stowell, “Their continued dedication benefits both our clients, our colleagues and our firm. We are thrilled for each of them and look forward to their continued success.”
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LMR Team Members Join Local Boards |
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Congratulations to the following Leone, McDonnell & Roberts team members for their recent Board of Directors appointments:
- Pete Ventura - New Museum of Portsmouth, Inc.
- Jason Gaskell - Seacoast Educational Endowment for Dover (SEED)
- Kimberly McLaughlin - Dover Adult Learning Center
- Christine Chrysafidis - My Breast Cancer Support
Community is at the heart of everything we do. We demonstrate this passion by being active and engaged in local nonprofits. We are proud of our employees for taking the initiative to serve our neighbors.
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EXPLORE OUR BLOG FOR NEWS, INSIGHTS AND PERSPECTIVES! |
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For other interesting and informative articles written by the experts here at Leone, McDonnell & Roberts, PA, please visit our blog often!
Some of our recent topics include:
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Temporary 100% deduction for Business Meal Expenses
The IRS is continuously adding and modifying regulations and guidance for taxpayers. One such updated legislation was a temporary, 100% deduction for business meal expenses. As part of the Consolidated Appropriations Act, the U.S. government...
Read more
www.lmrpa.com
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New Hampshire Room & Meals Tax Reduction
Effective October 1, the tax rate for the Meals and Rooms (Rentals) Tax decreased from 9% to 8.5%
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The New Hampshire Department of Revenue Administration (NHDRA) decreased the State’s Meals and Rooms (Rentals) Tax rate from 9% to 8.5% effective October 1, 2021.
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Nonprofit Education Session
Build a Budget You Will Actually Use: Practical, Easy and Mission-Focused
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Virtually Hosted by: GoodWork (Portsmouth, NH)
Date: October 20, 2021, 9-11am
To Register: Contact GoodWork at 603-953-4709
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Our Team is Growing
Do you know someone in the accounting field who would enjoy a career in public accounting for a community-oriented, family-friendly firm in New Hampshire?
WE ARE HIRING!
Check out our opportunities here! |
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LEONE, McDONNELL & ROBERTS, PA
Dover | Wolfeboro | North Conway | Concord | Stratham
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Trusted Business Partners Since 1973 |
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