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So if I Catch a "Baseball", I May Owe Taxes to the IRS?

Posted in Tax News on July 21, 2011

Recently in baseball, a Yankee fan caught Derek Jeter’s 3,000th hit ball and now he may have to pay the Internal Revenue Service (“IRS”) tax money on the few gifts the Yankees gave him.  These items included tickets, signed bats,…

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Happy Tax Freedom Day 2011

Posted in Tax News on April 12, 2011

According to the Tax Foundation, Tax Freedom Day this year is April 12, 2011.  This is the day you stop working for the government and start working for yourself. This includes federal, state and local taxes. Unfortunately this is three…

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3 Things You Need to Hire an Employee

Posted in Tax News on October 29, 2010

Employers need to get three tax documents from new employees before they start work.

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Presentation at Manchester High School

Posted in Events on June 3, 2010

Tom Scanlon, CPA, CFP® was recently a guest speaker at Manchester High School.  Tom’s presentation with the students provided an overview of savings, loans, credit cards and income taxes.

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Health Care Reform…Send Lawyers, Guns, and Money!

Posted in Small Business, Tax News on April 30, 2010

Warren Zevon wasn’t thinking about health care when he wrote his classic 1970’s hit, “Lawyers, Guns and Money”.  However, if he were around today, he might very well have had health care in mind.  The votes have been cast and…

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