Borgida & Company, P.C., CPA’s acquires Paul Watson, CPA

partnersBorgida & Company, P.C. CPA’s announced it has acquired the practice of Paul L. Watson, CPA, whose practice was located in Coventry, Connecticut.

“We are excited to welcome Paul and his clients to our firm”, said Thomas Scanlon, CPA, President of Borgida & Company. “It is a good fit for his clients and our firm” noted Tom Scanlon.

The firm will continue with the … Continue reading »

3 Proven Reasons a Connecticut Business Owner Should Meet With Their CPA Before Year-End

Borgida building manchesterAnother year will end soon.  There is (very) little tax planning that can be done after the year-end.  With the maximum federal income tax bracket of 39.6% and the maximum State of Connecticut income tax bracket of 6.5% there is a lot of tax dollars on the table. Here are 3 proven reasons a Connecticut business owner should meet with their … Continue reading »

3 Proven Tax Smart Moves For Small Business to Save Money

freeimage-9941920-high1) Adopt a Retirement Plan

A business has several different retirement plans it could adopt.  The most common plan is the 401(k) plan.  With a 401(k) plan the employee is allowed to defer on a pre-tax basis up to $17,500 in 2013. If they are over age 50 they can defer an additional $5,500 in a so-called catch up contribution. An employer may … Continue reading »

4 Year-End Tax Planning Steps for Connecticut Taxpayers to Save Money

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The year-end will be here soon.  Here are 4 year-end tax planning steps for Connecticut taxpayers:

 

How to Apply for the Connecticut Small Business Matching Grant Program

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The state of Connecticut Small Business Express Program (“EXP”) was designed to provide loans and grants to Connecticut small business to spur growth and job creation. The program offers access to capital and incentives for loans and grant funds to provide jobs as follows:

 

 

 

 

For Access to Capital:

* EXP Revolving Loan Fund

 

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