William H. Parr & Company, LLP

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.

If you've been maxing out your 401(k) elective deferrals, you may be able to add to your retirement nest egg with anothe...
06/03/2026

If you've been maxing out your 401(k) elective deferrals, you may be able to add to your retirement nest egg with another type of 401(k) contribution.

If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, tax-deferred account. If your 401(k)…

Thinking about donating a painting, sculpture or other work of art to charity? Read this first to help ensure your tax d...
05/21/2026

Thinking about donating a painting, sculpture or other work of art to charity? Read this first to help ensure your tax deduction will be what you expect.

If you give artwork to charity, the deduction you can claim depends on several factors, including the type of organization receiving the piece and how it will be used. Special substantiation and ap…

A change in state residency has tax implications beyond income taxes. Find out what tax factors to look at before reloca...
05/13/2026

A change in state residency has tax implications beyond income taxes. Find out what tax factors to look at before relocating.

Whether you’re relocating for work, retirement, family or lifestyle reasons, state taxes can have a significant financial impact. Taxes vary widely from state to state. And establishing residency f…

Keeping your withholding aligned with your expected tax liability can help you enjoy better cash flow during the year an...
05/07/2026

Keeping your withholding aligned with your expected tax liability can help you enjoy better cash flow during the year and avoid unwelcome surprises at filing time. Learn how to fine-tune it.

Many taxpayers discover at filing time that their tax payments during the year didn’t align with their actual liability — either too much or too little was withheld from their paychecks. A small di…

Rebalancing your investment portfolio periodically is necessary to maintain your desired asset allocation, which can hel...
04/29/2026

Rebalancing your investment portfolio periodically is necessary to maintain your desired asset allocation, which can help manage risk and achieve your goals. Here are some tips for tax-smart rebalancing.

Large stock market gains in recent years, coupled with some significant volatility in 2026, have left many investors with portfolios that are out of balance with their desired asset allocation. If …

There are a few more things to do once you've filed your 2025 income tax return …
04/16/2026

There are a few more things to do once you've filed your 2025 income tax return …

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Making a 2025 IRA contribution can provide tax savings today or when you take distributions in retirement. And you can b...
03/25/2026

Making a 2025 IRA contribution can provide tax savings today or when you take distributions in retirement. And you can benefit from tax-deferred or tax-free compounding. But the contribution deadline is coming up soon.

Generally, each year you can contribute up to the annual limit to a traditional or Roth IRA (or a combination of the two). But once the contribution deadline has passed, the opportunity to contribu…

Depending on your situation, you may have more to do by April 15 than file your Form 1040. What you do — or don't do — b...
03/12/2026

Depending on your situation, you may have more to do by April 15 than file your Form 1040. What you do — or don't do — by that date could either save you or cost you taxes, interest and penalties.

You know your 2025 federal income tax return is due April 15, 2026. But do you know what else has an April 15 deadline? If you don’t, you could miss out on valuable tax-saving opportuniti…

The rules for interest expense deductions for individual taxpayers are complex. Find out what you might be able to deduc...
03/06/2026

The rules for interest expense deductions for individual taxpayers are complex. Find out what you might be able to deduct on your 2025 income tax return.

Personal interest expense generally can’t be deducted for federal tax purposes. There are, however, exceptions. Here are four, one of which is a new break under the One Big Beautiful Bill Act (OBBB…

Child, dependent, adoption and education tax credits can provide significant tax savings, but various rules and income-b...
03/02/2026

Child, dependent, adoption and education tax credits can provide significant tax savings, but various rules and income-based limits apply. Which credits might you be eligible for on your 2025 return?

Raising a family comes with plenty of expenses, but it may also make you eligible for various tax breaks. Some of the most valuable are tax credits, because they reduce your tax liability dollar fo…

Address

320 Boston Post Road, Suite 102
Darien, CT
06820

Telephone

+12036558261

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