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If you own rental property or run a business here in New Hampshire, you’ve probably seen the ads: “File your taxes for free!” “Fast. Simple. Online.” “Maximum refund guaranteed!” It sounds tempting—but here’s the truth: those “free” services often come with hidden costs, missed deductions , and a total lack of accountability when things go wrong. That might be fine for a college student with one W-2. But for a landlord with three units in Claremont? Or a self-employed contrac

If you own rental property in New Hampshire and file as a sole proprietor, partner, or LLC—not a corporation—you might be missing out on a powerful tax break that most out-of-state CPAs won’t even mention. We’re talking about a Granite State–only rule called the Personal Compensation Deduction  under the New Hampshire Business Profits Tax (BPT). And if you’re not taking full advantage of it, you’re probably overpaying. Let’s fix that. What Is the Landlord Personal Compensatio

I wrote this FAQ because the same questions come up again and again across the Lake Sunapee and Kearsarge region.

The good news? New Hampshire is a bit different when it comes to taxes. The bad news? It’s still the government, so there are still forms, rules, and gotchas.

What’s changing in 2026 1. 2026 Individual Tax Changes: Tax rates & brackets: relief continues A big piece of the puzzle is that the law known as the One Big Beautiful Bill (OBBB) — passed in July 2025 — makes permanent many of the individual-tax rate cuts originally in the Tax Cuts and Jobs Act (TCJA). The marginal tax‐rate structure (for individuals) under the TCJA had rates from 10 % up to 37 %. Without the OBBB, many of those would have reverted upward in 2026. Because th

Worried about getting hit with a massive tax bill every time you file? Wondering how you can make your tax liability a bit less of a burden every April? If tax time every year is one of stress, where you owe thousands of dollars, you may actually need to pay estimated taxes throughout the year.

Understanding tax deductions can be a challenging task for many S-corporation (S-corp) owners. One area that often confuses is the deduction of health insurance premiums. As a business owner, it's crucial to know not just what you can deduct but also how to do it correctly to avoid costly mistakes and maximize your tax benefits. 1. Understanding Deductible Business Expenses: The tax code allows business owners to deduct ordinary and necessary expenses of running a business. T

A Guide for Landowners Hey there, fellow land enthusiasts! Have you ever wondered how you can contribute to land conservation while also...

Buying You can deduct home mortgage interest on the first $750,000 of indebtedness. (If your house is more than that amount, you can take a percentage of the average balance as a deduction.) However, this is an itemized deduction, and because the Tax Cut and Jobs Act of 2017 effectively doubled the standard deduction, 88.5% of taxpayers pay less tax by using the standard deduction and do not itemize. Bottom line- there is no significant tax consequence of buying a home unless

If you're running a business here in New Hampshire—whether it’s a landscaping company in Sunapee, a café in Concord, or a home services business based out of your garage—one of the most valuable financial tools in your arsenal is your Profit and Loss Statement  (also known as a P&L or income statement). It’s not just paperwork. It’s your scorecard . And if you're not looking at one regularly, you’re basically driving without a dashboard. Let’s break down what a P&L actually t