Susan started with the firm in October, 1993. She graduated from Northeastern School of Business and came to Norton Accounting with extensive experience from employment with two CPA firms. She provides a high level of attention to providing monthly accounting services to a broad cross section of clients.
For over 24 years, Susan has supported The Boy Scouts of America through personal involvement as den leader, trainer and program director for Cub Scouts Resident Camp. She still is currently active and serves on the council training team
I am writing to inform you of a significant new tax deduction taking effect in 2018 under the new tax law. It should provide a substantial tax benefit to individuals with "qualified business income" from a partnership, S corporation, LLC, or sole proprietorship. This income is sometimes referred to as "pass-through" income.
The deduction is 20% of your "qualified...
The year is quickly drawing to a close, but there’s still time to take steps to reduce your 2017 tax liability — you just must act by December 31
1. Pay your 2017 property tax bill that’s due in early 2018.
2. Make your January 1 mortgage payment.
3. Incur deductible medical expenses (if your deductible medical expenses for the year already exceed the...
With kids back in school, it’s a good time for parents (and grandparents) to think about college funding. One option, which can be especially beneficial if the children in question still have many years until they’ll be starting their higher education, is a Section 529 plan. Tax-deferred compounding 529 plans are generally state-sponsored, and the savings-plan option offers the...