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    At Appletree Business Services, we specialize in working with your small business THROUGHOUT the year, helping you in tax and payroll matters , such as:

    1) Knowing exactly where your small business stands with timely monthly reports and payroll, so there are no tax surprises.

    2) Keeping you out of jail and in full compliance with all the myriad of tax laws, including quarterly estimates for your Federal taxes, New Hampshire Business Profit Tax, Business Enterprise Tax, and/or the Interest/Dividends tax.

    3) Talking with you on a regular basis about your business on issues such as understanding how much sales you need to break-even, whether an individual should be an employee versus a subcontractor, or helping identify when it may be time to buy some new equipment to minimize taxes.

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New Hampshire small businesses and reasonable compensation – The new rules

New Hampshire businesses need to start thinking about documenting what is ‘reasonable compensation’ to the owners or partners if they are operating as a sole proprietor or partnership.

As an indirect result of New Hampshire introducing and ultimately repealing the so-called LLC tax several years ago, New Hampshire has now enacted new rules

More changes to the New Hampshire Business Profits Tax on what is reasonable compensation

Effective June 25, 2011 and applicable for taxable periods beginning on or after January 1, 2011, the burden of proof with respect to the Business Profits Tax deduction for reasonable compensation has been changed. This affects owners of partnerships, limited liability companies, and sole proprietorships

Is it still a good idea to form an LLC in New Hampshire?

John Cunningham , a longtime expert in New Hampshire on LLC’s,  does a wonderful analysis of both the legal and tax considerations of forming an LLC in New Hampshire in light of the recent enactment and subsequent repeal of the LLC in his article “Is it still a good idea to form an LLC?”

LLC’s have clearly become the entity of choice, making New Hampshire corporations essentially obsolete.

New Hampshire Small Businesses to be affected by tinkering with Business Profits and Business Enterprise Tax Returns

The New Hampshire BT-Summary form is now dead for business tax returns in New Hampshire, according to a recent Technical Information Release by the New Hampshire Department of Revenue.

Ok…Let’s see if I can explain this in simple enough terms…

New Hampshire Small Businesses must now report who they pay Reasonable Compensation to..


In a Technical Information Release on November 15, the New Hampshire Department of Revenue announces new reporting requirements for anyone claiming the ‘Reasonable Compensation Deduction’ on their New Hampshire Business Profits Tax Return.

This form came about mostly as a result of the failed “LLC Tax”

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