Blog Archives

We’ve Done GREAT! MACC Food Drive Results Are In!

Posted in Events, Firm News on November 24, 2021

Local CPA firm Borgida & Company, P.C. holds its 16th Annual Food Drive to benefit MACC Charities & Food Pantry and raises $2,700. Borgida & Company staff, clients, family & friends stepped up to the plate! MACC 16th annual collection…

Tagged with: Donations, Food Drive, local accounting firm, MACC

Happy New (Tax) Year…Unlucky ’13?

Posted in Tax News on January 2, 2013

The New Year’s celebrations are over. It’s on to 2013. Will this be unlucky 2013 for taxpayers? We wrote earlier how there are 8 Reasons You Will Pay More Taxes in 2013…Guaranteed. We also pointed out Why the Fiscal…

Tagged with: Bond Market, Charity, Connecticut, Connecticut Budget Deficit, Connecticut Estate Tax, Connecticut Income, Connecticut Sales tax, Credit Shelter Trust, Discretionary Income, Donations, Estate Planning, estate tax, Federal Estate Tax, fiscal cliff, Governor Malloy, Income Tax, New Years, President Obama

How to Declare a Casualty Loss From Hurricane Sandy

Posted in Tax News on October 31, 2012

Hurricane Sandy has left her mark. This included power outages, significant property damage and, sadly loss of life.

Tagged with: Adjusted Gross Income, AGI, Casualty Loss, charitable donatations, Cost Basis, Donations, Form 1040, Form 4684, Hurricane, Hurricane Sandy, Income Tax, Income Tax Return, itemized deduction, Medical Expense, Miscella, Mortgage Interest, Property Taxes, Sandy, Schedule A, Standard Deduction, State Income Taxes

9 Easy Steps for a Mid-Year Tax Review

Posted in Tax News on June 12, 2012

This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Half of the year is almost over. Don’t wait until the end of the year to do your planning. It’s time for your Mid-Year Tax Review. …

Tagged with: 401(k) Plan, Capital Gains, charitable donatations, Donations, estimated tax payments, Form 1040-ES, Form CT-1040-ES, form ct-w-4, Form W-4, gift tac, Gift Tax Return, Income Tax, income tax planning, Investors, ira, Long Term Capital Gains, Required Minimum Distribution, Retirees, RMD, roth conversion, roth ira, Self-Employed, Withholding

2012 Tax Benefits Increase Due to Inflation Adjustments

Posted in Tax News on February 22, 2012

Every year the IRS must adjust the dollar amounts of a variety of provisions which affect every taxpayer, to keep pace with inflation. New dollar amounts affecting 2012 returns, filed by most taxpayers in early 2013 include the following:

Tagged with: 401(k) Plan, 457(6) plan, Charitable Contribution, child tax credit, CPA, Dependents, Donations, Employee, estate tax, Exemption, Gift Tax, Income Tax, Inflation, Internal Revenue Service, IRS, Itemized Deductions, Mortgage Interest, Personal Exemption, Social Security, Social Security Administration, Standard Deduction, Taxpayer, thrift saving plan, wage base

Branford, CT 203.208.0572
Manchester, CT 860.646.2465
Niantic, CT 860.739.5459
Storrs, CT 860.429.7885

Blog Archives

We’ve Done GREAT! MACC Food Drive Results Are In!

Happy New (Tax) Year…Unlucky ’13?

How to Declare a Casualty Loss From Hurricane Sandy

9 Easy Steps for a Mid-Year Tax Review

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Branford, CT 203.208.0572 Manchester, CT 860.646.2465 Niantic, CT 860.739.5459 Storrs, CT 860.429.7885

Blog Archives

We’ve Done GREAT! MACC Food Drive Results Are In!

Happy New (Tax) Year…Unlucky ’13?

How to Declare a Casualty Loss From Hurricane Sandy

9 Easy Steps for a Mid-Year Tax Review

2012 Tax Benefits Increase Due to Inflation Adjustments

Search

Links

Latest News

Categories

Get Free Tax Tips

Branford, CT 203.208.0572
Manchester, CT 860.646.2465
Niantic, CT 860.739.5459
Storrs, CT 860.429.7885