“Money. We work for it, spend it, covet it and cherish it. We define our success by its existence, and decry our failure due to its lack. And we pass our obsessions with it, and our ignorance of it, on to our children. We look to it for security, and yet most of us lack the basic comprehension of how it can provide that. Finally, while we’re busy trying to put our hands on as much of it as we can, it can grab us and choke us and tell us when, and how much, to breathe.
Life is not about the pursuit of wealth; it is, instead, about forging strong ties with family, with friends, and within our communities. Money, its acquisition and use, is merely one tool that helps us to build these ties.”
─ Peggy Munro, E.A
TaxPanacea Associates LLC is a tax preparation and financial services firm located in Northern Vermont. Please feel free to use the contact page to ask us a question. If we can answer it we will, if not then we will try to get you pointed in the right direction. Our goal is to brighten your day whether you get to meet Roddy, the official office greeter, or not (please see the about page).
Let’s face it, no one wants to pay their taxes. That being said, you still pay them. Figuring out how much you owe can be a challenge and create headaches for many. We offer tax adivce and preparatory services.
- One-on-One Meetings
- Tax Preparation
Taxes, finances and investments are all topics that all of us deal with on a year-to-year basis. However, one other important topic is that of estate management. Dealing with the loss of a loved one is difficult without the added pressure of making sure all of their debts are settled and all the named recipients get their due. To this end, we offer help with estate planning and management and can prepare tax returns for both estates and fiduciaries.
- Trustee Services
- Income Tax Preparation – Form 1041 and Form 5227
- Charitable Foundations
- Other Fiduciary Services
When owning your own business, your first thoughts are undoubtedly about the day-to-day operations of your business. With that being said, those other matters such as tax return preparation, financial management, and paying your employees still needs to happen. We offer tax advice and preparatory services and have staff specializing in payroll and bookkeeping.
- Sole Proprietorships – Schedule C
- Partnerships (Form 1065) and S-Corporations (Form 1120S
- Bookkeeping Services
- Payroll Services
Knowing when and how much to give can be a difficult decision to make. We offer advice on how best to make a donation and can help set up a foundation if you plan on giving regularly. Furthermore, we can determine how more irregular gifts should be gifted. Beyond that, we can offer tax advice and preparatory services to any charitable foundations.
- Charitable Planning