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 throughout 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.

Does your teenager have a part-time job or earn income from babysitting, yardwork or other self-employment? An IRA can p...
10/07/2026

Does your teenager have a part-time job or earn income from babysitting, yardwork or other self-employment? An IRA can provide an early start on decades of tax-advantaged saving.

Retirement is far from most teenagers’ minds when they get their first jobs. Most young people are more interested in spending their earnings or saving for a shorter-term goal. But those early earn…

Year-end tax planning strategies may warrant a review with the alternative minimum tax (AMT) in mind — even if you haven...
09/23/2026

Year-end tax planning strategies may warrant a review with the alternative minimum tax (AMT) in mind — even if you haven't owed the AMT in recent years.

Tax law changes taking effect this year will increase alternative minimum tax (AMT) risk for some higher-income taxpayers. If you may be affected, consider the AMT before implementing income or ded…

Did you receive a restricted stock award in 2026? Or did your restricted stock shares vest? Or perhaps you sold vested s...
09/16/2026

Did you receive a restricted stock award in 2026? Or did your restricted stock shares vest? Or perhaps you sold vested shares? A "yes" answer to any of the questions requires careful tax planning, probably sooner rather than later.

Executives and key employees often receive stock-based compensation in addition to salaries and bonuses. If restricted stock is part of your compensation, considering the potential tax consequences…

Working remotely may have unexpected state tax consequences if you aren't careful.
09/10/2026

Working remotely may have unexpected state tax consequences if you aren't careful.

Working remotely may broaden your job options and make daily life easier. But working from a different state than your employer — or spending part of the year working from a second home in a differ…

Taxes can affect the economics of an investment property from the time you buy it through the time you sell it. Find out...
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 …

At back-to-school time, many teachers buy classroom supplies to help make the school year a success for their students —...
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…

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

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

When a child goes to college, there are both tax-saving opportunities and potential tax pitfalls. Learn how to make the ...
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 …

Do you invest in mutual funds? If you hold such funds in a taxable account (in other words, outside of a retirement plan...
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…

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320 Boston Post Road, Suite 102
Darien, CT
06820

Telephone

+12036558261

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