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Accounting and Bookkeeping Services in Vermont
1-800Accountant, America’s leading virtual accounting firm for small businesses, expertly manages your complex bookkeeping and accounting tasks with comprehensive services tailored to foster the growth and prosperity of your small business in Vermont.
Our Accounting Services for Vermont Small Businesses
Business Tax Preparation: Have your taxes prepared and filed by a CPA who specializes in your industry. Entrust the complexities of Vermont tax preparation to our CPAs, who have more than 17 years of experience on average, so you can enjoy peace of mind about your business tax situation and save thousands annually.
Bookkeeping: Fortify your financial base and streamline your cash flow with meticulous, error-free bookkeeping done for you that saves time and produces critical data-driven business insights. This thorough process equips you with the best tools for data analysis with easy-to-understand reporting, enabling your accountant to develop essential financial models.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps reduce your business tax liability in Vermont throughout the year while ensuring compliance.
Payroll: Reclaim valuable hours each pay period with our efficient payroll service handled for you with regular tax submissions to the state, allowing you to concentrate on other areas of your business.
Business Formation: Enjoy the benefits of officially registering your business in Vermont with our complimentary incorporation service. You cover the state fees, and we handle everything else. This puts you on a path to hiring employees, establishing a business bank account, and enjoying an optimized business tax structure for maximum savings.
Vermont Corporate Tax Rates and Brackets
| Corporate Tax Rate | Corporate Tax Bracket |
|---|---|
| 6.0% | $0 |
| 7.0% | $10,000 |
| 8.5% | $25,000 |
When Do You Have to File Business Tax Returns in Vermont?
| Partnerships Due Date - Annual Returns | C-Corp Tax Due Date - Annual Returns | S-Corp Tax Due Date - Annual Returns |
|---|---|---|
| March 15, or same as federal return | April 15, or same as federal return | March 15, or same as federal return |
LLC Renewal Dates and Fees in Vermont
| How Often Do You Have to Renew Your LLC? | LLC Formation Filing Fee | LLC Yearly/Biennial Filing Fee |
|---|---|---|
| Annually | $125 | $35 |
Single Filers - Vermont Tax Rates and Brackets
| Single Filer Rates | Single Filer Brackets |
|---|---|
| 3.35% | $0 |
| 6.60% | $45,400 |
| 7.60% | $110,050 |
| 8.75% | $229,550 |
Single Filers - Vermont Exemptions and Deductions
| Standard Deduction (Single) | Personal Exemption (Single) |
|---|---|
| $7,000 | $4,850 |
Married Filing Jointly - Vermont Tax Rates and Brackets
| Married Filing Jointly Rates | Married Filing Jointly Brackets |
|---|---|
| 3.35% | $0 |
| 6.60% | $75,850 |
| 7.60% | $183,400 |
| 8.75% | $279,450 |
Married Filing Jointly - Vermont Exemptions and Deductions
| Standard Deduction (Couple) | Personal Exemption (Couple) |
|---|---|
| $8,500 | $3,000 |
What to Look for in Vermont Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Vermont small business, you should take these considerations into account:
Expertise in Vermont's Tax Environment: Look for a financial professional knowledgeable about Vermont's specific tax regulations, including income, sales, and property taxes, and how they impact different business structures.
Familiarity with Local Industries: Choose a tax professional with experience in key Vermont sectors, including dairy farming, maple syrup production, and tourism, ensuring they understand the unique financial challenges these industries face.
Knowledge of State Incentives and Grants: Select an accountant who is well-versed in Vermont's economic development incentives, such as grants for small businesses and agricultural operations, to maximize your financial benefits.
Experience with Rural and Small Town Business Dynamics: Opt for a professional who understands the nuances of operating a business in Vermont's rural communities and small towns, including local market conditions and community engagement.
Understanding of Green Business Practices: Ensure the prospective accountant or bookkeeper is familiar with Vermont's emphasis on sustainability and can provide guidance on eco-friendly business practices and potential financial incentives for green initiatives.
Serving Small Businesses Throughout the Entire State of Vermont
- Burlington
- Montpelier
- Stowe
- Rutland
- Brattleboro
- Bennington
- Middlebury
- Woodstock
“I’ve been fortunate to have great accountants who care, get back to me very timely, and believe they do a great job getting the most money back they are able to.”
Sal
Actual customer testimonial. Photo is illustrative only.
Additional Vermont Accounting Resources:
Virtual Bookkeeping: How To Find the Best Online Bookkeeper
CPA vs. Tax Preparer: Which Is Best for Your Business?
10 Common Small Business Tax Questions Owners Are Asking
Talk to a business tax expert today for all your tax needs in Vermont.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.