January 31st is the deadline to furnish Form 1099- Misc. to recipients.

The 1099-MISC form is used to report more than two dozen types of payments that must be claimed as income by the recipient. This category includes payments made by businesses as fees to attorneys, service providers and freelancers. Other types of payments covered by the 1099-MISC include reimbursement for auto expenses, awards and bonuses, commissions, prizes and vacation allowances for non-employees. more…

BACK TO (Law) SCHOOL

Borgida & Company, P.C.

Certified Public Accountants

An Independent Company

Raymond James Financial Services, Inc.

Invites you to attend a series of seminars: more…

Recently, we were able to get a $49,000 IRS civil penalty waived for one of our Connecticut business clients.  If we failed to get this penalty waived, this business would have closed its doors. more…

The State of Connecticut Budget proposal includes a conveyance tax on buyers of real estate.  The tax imposed would be 1% of the purchase price on homes purchased above $150,000.  Here are 3 reasons this proposal should not be passed: more…