Archive for 2017


Credit Card ID Theft: How to Protect Your Cards (Part 3)

From the IRS website: 

Credit Card Loss or Fraudulent Charges Under the Fair Credit Billing Act, your liability for unauthorized use of your credit card tops out at $50. However, if you report the loss before your credit card is used, the FCBA says you are not responsible for any charges you didn’t authorize. If your credit card number is stolen, but not the card, you are not liable for unauthorized use.

ATM or Debit Card Loss or Fraudulent TransfersContinue reading »


Tax-Related ID Theft & What To Do (Part 2)

From the IRS website: 

What is Tax-Related Identity Theft?

It’s when someone uses your stolen Social Security number to file a tax return claiming a fraudulent refund.  You may be unaware that this has happened until you efile your return and discover that a return already has been filed using your SSN. Or, the IRS may send you a letter saying we have identified a suspicious return using your SSN.

Steps to Take If You Become a Victim If you are … Continue reading »


Shred Week A Huge Success

Borgida & Company Clients Save the Planet While They Clean Up!

 

Dozens of clients joined in for our first “Shred Event” last week. Eight very full, heavy bins full of old financial documents, checkbooks, tax returns, etc. were shredded as relieved clients unloaded years of unneeded documentation. Over 1,800 pounds were collected last week.

Many people didn’t realize that by shredding their information, they are actually taking part in a “green initiative”. Shredded material gets recycled; and by using less … Continue reading »


Manufacturing Apprenticeship Tax Credit

Due to the current and impending shortage of skilled craft workers in the manufacturing trades in Connecticut, corporations who employ an apprentice will be entitled to the Tax Credit for Manufacturing Apprenticeships.

Corporations claiming this tax credit must have a qualified apprenticeship training program:

  • Certified in accordance with regulations adopted by the Connecticut Department of Labor
  • Registered with theConnecticut State Apprenticeship Council

The apprenticeship program must meet the following requirements:

  • The apprenticeship period must be at least 4,000 hours … Continue reading »

    SHRED WEEK: January 23-27

    Taxes

    Bring your boxes, bags or armful of papers to our office (Manchester office only) between Monday, January 23rd through Friday, January 27th (9:00am-5:00pm) and we’ll take care of the rest. We have contracted InfoShred, a CT leader in secure, off-site document destruction, to handle our shredding request.

    Let your trusted CPA’s office help you safely dispose of sensitive papers. Borgida & Company is committed to helping our clients avoid the headaches in dealing with … Continue reading »


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