Westfield, MA 01085 USA
413-569-0015
office@drenenfs.com

Category: Resources

Local providers in the entire state of Massachusetts

Streamline Your Business with Expert Bookkeeping

January 24, 2024

What Is Bookkeeping and Why Is It Essential? Bookkeeping involves recording, organizing, and managing your business’s financial transactions. Moreover, accurate bookkeeping maintains a clear financial picture, ensures legal compliance, and supports informed business decisions. The Importance of Accurate Bookkeeping How Professional Bookkeeping Services Benefit Your Business Outsourcing to Drenen Financial Services provides several advantages: Time-Saving…
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Ditch the Desktop, Embrace the Cloud: A Smooth Guide to Migrating to QuickBooks Online with Drenen Financial Services

January 16, 2024

Are you clinging to QuickBooks Desktop like a life raft in a digital sea of change? Face it, the cloud is calling, and QuickBooks Online is its siren song.

Massachusetts Tax Tips and Landscape Changes

January 16, 2024

Buckle up, Bay Staters! The year 2024 has landed, and it’s bringing significant changes to the Massachusetts tax landscape. From altered filing requirements to expanded deductions, staying on top of these updates with Massachusetts Tax Tips. But worry not! Drenen Financial Services is here to be your Rosetta Stone. New Filing Rule for Married Couples…
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Maximize Your Savings: Energy Tax Credits for Home Upgrades

January 12, 2024

Home Sweet (Tax) Haven: Building a Greener, Financially Savvy Future with 2023 Credits

Understanding Work and Disability Benefits: Reporting Obligations and Impact on Benefits

January 4, 2024

How to Strategize Your Business for Schedule-C Taxpayers

December 7, 2023

How to lower your taxes legally on your Schedule-C for small business owners.

IRS Cracking Down on Cryptocurrency taxes

August 31, 2023

The Internal Revenue Service (IRS) is stepping up its enforcement of cryptocurrency taxes. In a recent announcement, the IRS said that it is sending letters to taxpayers who have not reported their cryptocurrency transactions. The letters will warn taxpayers that they may be subject to penalties if they do not report their cryptocurrency income. Why…
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Understanding the Impact of the Tax Cuts and Jobs Act (TCJA) on SALT Deductions

August 24, 2023

The Tax Cuts and Jobs Act (TCJA) of 2017 brought significant changes to the tax landscape, particularly in how taxpayers handle state and local tax (SALT) deductions. At Drenen Financial Services, we specialize in helping individuals navigate these changes to optimize their financial strategies. Call Drenen Financial Services at 413-569-0015 or email us at office@drenenfs.com…
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SALT: Your Guide to State and Local Taxes Made Simple!

August 24, 2023

Taxes are a part of life, but they can get pretty complicated. One term you might come across is SALT, which stands for State and Local Taxes. Don’t let the acronym intimidate you; we’re here to break it down in simple terms. What Is SALT? SALT refers to the taxes you pay at the state…
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Tax FAQs Demystified: Your Guide to Common Questions and Answers about taxes

August 24, 2023

Navigating the world of taxes can be overwhelming. However, at Drenen Financial Services, we aim to make the process simpler by providing clear answers to your most frequently asked questions. Therefore, call Drenen Financial Services at 413-569-0015 or email us at office@drenenfs.com to schedule an appointment. In addition, visit drenenfs.com for more information. Common Taxes…
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Contacts

Drenen Financial Services, Inc.
89 South Maple Street, Westfield, MA 01085

  (413) 569-0015
(413) 569-0811

Mon - Fri 9AM to 5PM
Evening and Saturday hours are also available by appointment.

All securities through Money Concepts Capital Corp. Member FINRA / SIPC. Drenen Financial Services, Inc. is an independent firm not affiliated with Money Concepts Capital Corp.

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