Vermont has a state income tax, so tax time here means two returns — your federal return and your Vermont return. Compass Tax Center handles both, personally, year-round, and 100% virtually. From Burlington to the Northeast Kingdom, we're a secure upload and a phone call away.
A federal return and a Vermont return, prepared together so they agree and you claim every credit you're owed. Vermont's rates run higher than most states', which makes getting every credit and exemption right matter even more.
Two returns instead of one means more places to save and more places to slip up. We handle the whole picture, federal and state, and we're here after April, too.
Vermont's income tax is graduated and its top rate — around 8.75% — is among the higher ones in the country. Vermont also has its own estate tax, with a flat exemption of about $5 million, well below the federal level.
Higher rates make the credits and exemptions matter more. We make sure your Vermont return claims every break you qualify for, and, for families planning ahead, that the estate picture is handled thoughtfully.
Vermont's income tax gets the attention, but a few other taxes matter too. If any of these are you, they're firmly in our wheelhouse.
You don't need a tax office down the road — you need the right person handling both your returns. Everything we do is secure and fully virtual, so working with us is exactly as easy from the Northeast Kingdom as it is from Burlington. And since we serve all 50 states, if life moves you out of Vermont, your tax help doesn't have to change.
Start now or book a free consultation. We're here year-round — for tax season and everything after it.