William H. Parr & Company, LLP

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William H. Parr & Company, LLP

William H. The advice and insight our clients have come to rely on is the result of the expertise accumulated at William H. At William H.

Parr & Company, LLP provides many services including Tax Preparation, Tax Planning, Financial Statement Preparation, Audits, Reviews and Compilations, Estate and Trust Tax Preparation and IRS Representation. Parr and Company, LLP is a full service accounting firm that is distinguished by a reputation for premier service and a growing roster of satisfied clients who have trusted our counsel through

out the years. Parr & Company, LLP since its establishment in 1947. We are members of the American Institute of Certified Public Accountants and the Connecticut Society of Certified Public Accountants. We have a diverse group of clients that represent a variety of financial, accounting and tax situations. Parr & Company, LLP our top priority is to assist our clients in taking advantage of and complying with today’s complex and continually changing tax laws for their unique business and personal requirements. We understand that the tax and accounting needs of our clients will probably change throughout their lifetime. At every stage, William H. Parr & Company, LLP can provide the appropriate support from a full range of services. We handle the needs of individuals, corporations, partnerships, estates and trusts.

09/02/2026

Taxes can affect the economics of an investment property from the time you buy it through the time you sell it. Find out the potential tax consequences of decisions you make about your involvement in rental activities, improvements to the property, and the timing and structure of a sale.

Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from rental income and build net worth over time. Often, this is a side activity to …

08/26/2026

At back-to-school time, many teachers buy classroom supplies to help make the school year a success for their students — and don't receive reimbursement. If you're among them, you may have expanded opportunities for tax deductions this year.

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 2026, eligible educators may have two ways to deduct qualifying unreimbursed ex…

08/21/2026

Could your traditional 401(k) or IRA balance be too large? Maybe!

Contributing as much as possible to tax-deferred retirement accounts such as traditional 401(k)s and IRAs is a common recommendation. Contributions generally are pretax or deductible, and the power…

08/13/2026

When deciding how much disability coverage you need to protect yourself and your family, take the tax treatment into consideration.

Disability insurance is a valuable benefit provided by many employers. It replaces a portion of the insured person’s income — typically 45% to 65% of pre-disability earnings — after a specifie…

08/05/2026

When a child goes to college, there are both tax-saving opportunities and potential tax pitfalls. Learn how to make the most of the former and minimize the latter.

A higher education is expensive, and many parents spend years saving up. Others haven’t had the financial bandwidth to save or have hit unexpected financial roadblocks along the way. Regardless of …

07/29/2026

Do you invest in mutual funds? If you hold such funds in a taxable account (in other words, outside of a retirement plan), it's important to understand the tax consequences of holding and selling them.

Mutual funds offer an easy way to invest in a diversified portfolio compared to buying individual stocks and bonds. But the tax treatment of mutual funds isn’t so simple. How are mutual funds taxed…

07/22/2026

Charitable donations can be a powerful tax-saving tool. But there's much to consider as you plan your giving for the rest of 2026.

Have you already made contributions to charity this year? Are you considering making more between now and year end? If so, it’s important to be familiar with the tax rules for different types of do…

07/16/2026

A winning scratch-off ticket or a slot-machine payout is worth celebrating, especially if it's big. But there are also income tax consequences to be aware of.

It’s easy to focus on the excitement of a big win. But federal tax law generally treats lottery prizes, gambling winnings and other awards as taxable income. Knowing the basic rules can help you av…

07/09/2026

Planning opportunities often become more limited as the end of the year approaches. Reviewing your tax picture midyear gives you more time to take steps to reduce or defer taxes.

Summer is a good time to see whether your income, deductions and investment activity are lining up as expected. Let’s take a look at a few areas that commonly provide tax-saving opportunities. Your…

07/01/2026

If you're a retiree receiving Social Security benefits — or you're planning to begin claiming them soon — it's important to be aware of the potential income tax consequences. A variety of factors affect how much (if any) of your benefits may be taxable.

Last year, the new tax deduction for taxpayers 65 and older was sometimes referred to as “no tax on Social Security.” In actuality, this up-to-$6,000-per-individual deduction, also known as the “se…

Address

320 Boston Post Road, Suite 102
Darien, CT
06820

Telephone

+12036558261

Website

http://whparr.com/

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