Northern Business Solutions

Northern Business Solutions Proudly Serving Individuals & Business - Tax Planning & Prep / Bookkeeping / Payroll & More

💭 Is Social Security taxable? Sometimes — and here’s why.Originally it was tax-free. Changes in the 1980s and 1990s made...
02/25/2026

💭 Is Social Security taxable? Sometimes — and here’s why.

Originally it was tax-free. Changes in the 1980s and 1990s made up to 85% potentially taxable, and those income thresholds were never adjusted for inflation — so more retirees are affected today.

Good news: recent tax law increased the standard deduction (roughly ~$6K more for seniors), which may help offset some taxable income.

The key takeaway: Social Security taxation is really about how all your other income fits together. Smart planning can often reduce the impact.

Reach out today and let us help you!

🎉🍀 Winning the lottery feels lucky—until tax season reminds you it’s a shared prize.
09/09/2025

🎉🍀 Winning the lottery feels lucky—until tax season reminds you it’s a shared prize.

This or That: Splurge now ✨ or Save for later 💰? Which financial habit are you sticking with?
09/04/2025

This or That: Splurge now ✨ or Save for later 💰? Which financial habit are you sticking with?

Hard work builds strong futures. Wishing you a Happy Labor Day filled with gratitude and relaxation.
09/01/2025

Hard work builds strong futures. Wishing you a Happy Labor Day filled with gratitude and relaxation.

FACT: The IRS handles more than 250 million returns annually. That’s a lot of W-2s, 1099s, and coffee. ☕
08/19/2025

FACT: The IRS handles more than 250 million returns annually. That’s a lot of W-2s, 1099s, and coffee. ☕

🚫 FALSE — Skipping your return could mean saying goodbye to refunds you deserve! 💸
08/14/2025

🚫 FALSE — Skipping your return could mean saying goodbye to refunds you deserve! 💸

Those IRS letters aren’t love notes 💌 — open them before they open a case! 📬
08/11/2025

Those IRS letters aren’t love notes 💌 — open them before they open a case! 📬

How many squares can you cross off?
07/31/2025

How many squares can you cross off?

Back to school = back to savings 📚💰 Check out this tax tip for students and parents!
07/29/2025

Back to school = back to savings 📚💰 Check out this tax tip for students and parents!

Getting married changes more than your last name – it can impact your taxes too! 📝✅ 1. Update Your Name & AddressIf you ...
07/25/2025

Getting married changes more than your last name – it can impact your taxes too! 📝

✅ 1. Update Your Name & Address
If you changed your name, notify Social Security to match IRS records.

✅ 2. Check Your Withholding
Your combined income may move you into a different tax bracket. Adjust your W-4 with your employer to avoid surprises.

✅ 3. Choose Your Filing Status
Most couples benefit from Married Filing Jointly, but sometimes Married Filing Separately saves more – especially if you have student loans or medical expenses.

✅ 4. Combine Your Tax Documents
Be sure to gather BOTH spouses’ income and deductions when filing next year.

🤔 Which one are YOU picking? ⬇️
07/23/2025

🤔 Which one are YOU picking? ⬇️

Address

332B Main Street
Cromwell, CT
06416

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Website

Alerts

Be the first to know and let us send you an email when Northern Business Solutions posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category