Small Business

CT DOL Kicks This Can Further Down The Road

CT Retirement Security Authority Issues Employer Advisory Regarding Savings Plan Implementation Date: deferred until January 1, 2018.

>>Read the complete media release>>

Food Drive Boxes Filling Up—>A Peak At This Week’s Activities!!

Borgida & Company’s 12th annual food drive is underway! We caught a few loyal Borgida & Company clients in photos while generously donating to our campaign. Recognize anyone? Drop Off Your Donation for MACC Charities Between November 1-November 30, 2017

All non-perishable food items welcome. Needed items include tuna fish, stews, canned fruits and vegetables, instant potatoes, dried pasta, dried milk, soups, peanut butter, rice, and “sugar free,” “low sodium,” or “no salt” items.  Personal hygiene items & toiletries also are … Continue reading »

Tax Benefits of Hiring Veterans

Hire Vets First and Receive Tax Benefits!

The Connecticut Department of Labor (DOL) and U.S. Department of Veteran Affairs (VA) offer tax benefits and free services to employers who hire Veterans.  Pre-screening of applicants and reliable referrals are only a few services offered at no cost to the employer.

 

On-the-Job Training Grants (OTJ) —The Connecticut DOL offers on-the-job training to eligible applicants at the employer’s place of business.  Employers are reimbursed up to 50% of the … Continue reading »

How to File a Personal Property Tax Declaration in Connecticut

All Connecticut business owners that own personal property must file a Personal Property Tax Declaration by November 1, 2017.

Failure to file this declaration or filing late will result in a penalty equal to 25% of the assessed value of the property…and nobody wants to pay 25% more in taxes! So, you can file or have Borgida & Company file, but don’t forget to FILE!

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:

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