Congress returns and takes up some tax bills
After a five week recess, lawmakers returned to work in September
and took up several tax bills. While some tax bills moved out of
committee, their ultimate passage by both the House and Senate
First look at year-end tax planning
The approach of year-end 2015 makes it tax planning season. Tax law
developments in 2015 can affect, for example, the deduction of
costs and expenses, the treatment of contributions to tax-favored
FAQ: Can a taxpayer assign income to someone else?
Gross income is taxed to the person who earns it by performing
services, or who owns the property that generates the income. Under
the assignment of income doctrine, a taxpayer cannot avoid tax
October 2015 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important tax reporting and filing data for
Your Partner in Success
Venman & Co. LLC has been serving the accounting and entrepreneurial business needs of closely held businesses in Fairfield and New Haven counties since 1935. As a medium-size accounting firm, we enjoy an excellent professional reputation due to quality service and our commitment to our clients. The Firm is a member of the American Institute of Certified Public Accountants (AICPA) and the Connecticut Society of Certified Public Accountants. The Firm is also a member of the Private Companies Practice Section of the AICPA and has successfully undergone peer review since 1981.
We have a proactive client philosophy which contributes to our success as well as that of our clients. With our extensive experience and technical knowledge, our clients benefit from our abilities as tax and accounting professionals and, even more importantly, business advisors. As a client of the firm, you can be assured of our commitment to prompt personal service and our interest in your success.