Dear Clients: We continue to monitor information as it becomes available regarding the coronavirus and how this information pertains to our staff, clients and their businesses. In particular, we are monitoring proposed changes to tax filing and tax payment requirements. We have noticed that there is some misinformation in the press and internet regarding tax… [Read More]
This is an unprecedented time. Our top priority at Maloney and Kennedy is the safety and welfare of our staff and clients during this COVID-19 situation. We wanted to provide the steps we are taking to protect our staff, our clients and their information with as little interruption to normal business workflows as possible. No… [Read More]
On Thursday, February 13th, Rick Maloney spoke at the 20th Annual Heartbreaker Family Law Forum at Saint Anselm College in Manchester, sponsored by the New Hampshire Association for Justice. His presentation included a review of several tax and economic ramifications associated with alimony, child support and property division, and specifically underscored issues and clarifications regarding… [Read More]
Kevin Kennedy attended the BIA Small Business Day as a panelist speaker on Valentine’s Day. Along with Karl Heafield of Baker Newman Noyes, Leslie Walker of Mason & Rich, and Steve Lawlor of Nathan Wechsler, Kevin contributed his understanding on the topic of making sense of Federal and State Tax Reform.
On Friday, January 31 in the Chamber of Commerce in Concord New Hampshire, Congresswoman Annie Kuster convened to a group of Concord region leaders to discuss her recently released Clean Energy Agenda, and to hear more about Concord’s many innovative energy initiatives.
The tax treatment of alimony underwent significant changes under the 2017 Tax Act (formally, the Tax Cuts and Jobs Act). The IRS has provided some guidance ; however despite the change occurring over 2 years ago, there is still uncertainty over the new law. Below we address some of the issues that have been raised.… [Read More]
Jessica P. Wiley, CPA, ABV has been admitted as a partner in Maloney and Kennedy, PLLC. Her incredibly hard working, dedicated and focused drive will be an asset to the firm, and we ask that all share in our celebration. Congratulations Jess!
Congratulations to Jessica Wiley on attaining her Accredited Business Valuation (ABV®) credential! This noteworthy achievement is granted exclusively by the AICPA to CPAs and qualified finance professionals who demonstrate considerable expertise in business valuation through their knowledge, skill, experience and adherence to professional standards. Please join us in applauding our own Jessica P. Wiley, CPA,… [Read More]
On July 19, 2019, Governor Sununu signed a bill into law that attempts to protect New Hampshire businesses from having to collect and remit certain sales and use taxes for other states. Last year’s ruling in the South Dakota v. Wayfair case by the U.S. Supreme Court cleared the way for states to require businesses… [Read More]
On September 24, 2019, the U.S. Department of Labor announced a final rule regarding overtime which will expand the list of employees eligible for overtime. Previously, “blue-collar” workers and professionals who earned less than $23,000 a year would earn overtime pay2019.10.01 New Overtime Rules (time and a half for hours worked over 40 per week).… [Read More]