Chaumont CPA Firm

AI can handle plenty of straightforward tasks now. But what about the parts of your financial life that 𝘢𝘳𝘦𝘯’𝘵 straightforward?

That’s where human insight still matters... especially in tax work.

https://www.inc.com/fast-company-2/ai-office-work-deloitte-global-human-capital-trends-report/91271766

Most business owners have one that slips.

You can be tidy but inconsistent, or consistent but disorganized. Both come with headaches.

Which one challenges you more lately?

Can Investors Use Losses To Lower Capital Gains Federal Tax?

Can Investors Use Losses To Lower Capital Gains Federal Tax? Learn how to turn investment losses into real savings on your capital gains federal tax before year-end.

No wrong answers here.

Everyone else in December:
“𝙎𝙝𝙤𝙪𝙡𝙙 𝙬𝙚 𝙜𝙚𝙩 𝙢𝙖𝙩𝙘𝙝𝙞𝙣𝙜 𝙥𝙖𝙟𝙖𝙢𝙖𝙨?”

Us in December:
“𝙎𝙝𝙤𝙪𝙡𝙙 𝙬𝙚 𝙝𝙖𝙧𝙫𝙚𝙨𝙩 𝙩𝙝𝙤𝙨𝙚 𝙘𝙖𝙥𝙞𝙩𝙖𝙡 𝙡𝙤𝙨𝙨𝙚𝙨 𝙤𝙧 𝙗𝙪𝙢𝙥 𝙪𝙥 𝙩𝙝𝙖𝙩 𝙃𝙎𝘼 𝙘𝙤𝙣𝙩𝙧𝙞𝙗𝙪𝙩𝙞𝙤𝙣?”

It’s December 1st — which means there’s still time to:
✔ Lower your taxable income
✔ Grab deductions before they expire
✔ Do a little year-end investment cleanup
✔ Make sure 2025-You isn’t stuck with an avoidable tax bill

Most people don’t realize how many money-saving moves are still on the table right now.

If you want me to help you sort through your options before the year closes, just drop a 👍.

Don't forget to support your neighbors and friends tomorrow on Small Business Saturday.

Any local favorites the rest of us should know about?

While we live in a world that feeds on a steady diet of complaint, may you find the riches in today's holiday. And not just today, but every day.

From our hearts to yours: Happy Thanksgiving!

We are grateful every day for the chance to serve you and be your go-to for so much of your financial guidance.

Allison Chaumont's Perspective: What Are The Most Important Cybersecurity Measures for Small Businesses?

Allison Chaumont’s Perspective: What Are The Most Important Cybersecurity Measures for Small Businesses? Think your business is too small to hack? Think again. Learn the most important cybersecurity measures for small businesses to put in place.

How do you decide how much to pay yourself from your business?

Some owners move money when it’s there. But 𝘩𝘰𝘸 you pay yourself can change 𝘩𝘰𝘸 𝘮𝘶𝘤𝘩 you pay in taxes. For example, if you have an S-Corp, you should consider whether you're paying yourself...

Too much salary?
You’re overpaying in payroll taxes.

Too little?
The IRS can reclassify your distributions and send a bill for the difference.

The goal isn’t to pay yourself less.
It’s to pay yourself right.

That balance between salary and distributions is one of the most overlooked (and valuable) parts of smart tax planning. And of course the considerations change from one tax entity type to the next.

This is something that often needs guidance. We're happy to help with that.