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

Posted in Tax News on December 6, 2013

Another 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…

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How to Pay Estimated Income Taxes and Avoid IRS Penalties

Posted in Tax News on October 27, 2011

Taxpayers must pay their taxes “as they go.”  For many taxpayers, their income taxes are withheld from their paychecks.  For taxpayers that don’t have any withholding, they will need to make estimated tax payments.

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State of Connecticut 2011 Income Tax Increase

Posted in Tax News on August 11, 2011

The State of Connecticut recently increased the state income tax rates.  Oh, and they made them retroactive to the beginning of 2011.  Don’t you Connecticut income taxpayers just love this?

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