2016 Food Drive A Big Success

This year’s Borgida & Company Food Drive was another big success.

Along with over 1,000 pounds of food donated to M.A.C.C. Charities Food Pantry, the firm and its clients donated over $750 in monetary contributions as well. MACC employees shared their appreciation and commented on how great the need was. On the day that we made our delivery, they had stocked up fifty families.

We would like to thank everyone who donated towards the food drive this year. (See pictures below.)

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Borgida Celebrates Milestone

Local accounting firm celebrates a milestone in their 50th anniversary.

Borgida & Company, P.C., Certified Public Accountants, partners Peter Bartolotta of Niantic; Aaron Johnson of South Windsor, and Thomas Scanlon of Glastonbury and staff celebrated the firm’s 50th Anniversary at a cocktail reception at Cavey’s on Thursday, October 20th.

At the event Mayor Jay Moran presented the company with an official citation saying “that the Town of Manchester does hereby offer its sincerest congratulations to Borgida & Company” and that … Continue reading »

New IRS Email Scam

A new IRS scam has recently emerged. Fraudulent emails are being sent out asking taxpayers to pay a penalty for not having the required healthcare coverage imposed by the Affordable Care Act.

The IRS sends taxpayers notices by mail only, BUT unfortunately, there are some fraudulent letters also being sent by regular mail.

Please be aware:

  • IRS does not contact taxpayers by phone, email or text
  • IRS does not require payment from taxpayers with prepaid debit cards or an … Continue reading »

IRS Phone Scam

There have been a growing number of tax-related phone scams, where the scammers are usually after your money and possibly your identity. Please be aware that the IRS will NEVER call you.

A scammer may call you and:

  • Identify themselves as an IRS agent, with a fake name and a fake badge number.
  • Alter the name and phone number that appears on your Caller ID to make it look like they’re calling from the IRS or Washington, D.C.
  • Convincingly … Continue reading »

4 Reasons NOT to Wait for Your K-1

Four on dices

Subchapter S corporations (“Sub S”), partnerships, limited liability companies (“LLC’s”) and estates and trusts issue form K-1’s. This form documents the stockholders, partners, members or beneficiaries share of their profit or loss from the entity.  Don’t wait for this form to get started on your income tax return.

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