This Thursday we celebrate Thanksgiving.  If you live in the Greater Hartford area your day might look like this:

• Running in the Manchester Road Race
• Watching the Macy's Thanksgiving Day Parade
• Watching the Football Games on TV
• Settle in for Turkey and all of the trimmings

  

Here are 4 Reasons to be as Grateful Every Day as Thanksgiving: more…

Donors should give appreciated property to their favorite charity. Appreciated property is property whose Fair Market Value exceeds the cost basis.  Cost basis is generally what was paid for an item. more…

Let’s say you want to combine a vacation with your business travel and possibly deduct a few expenses on your tax return.  Can you do this and not have the IRS look unfavorably at these deductions.  Yes, some business travel costs are considered legitimate expenses—you just have to be careful and document everything correctly.  more…

The Obama administration is exploring a temporary tax cut for employers on their payroll tax obligations.

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Borgida & Company recently held a seminar at their Manchester office on Health Reform.  Presented by John Carew and Carrie Balicki of Ovation Benefits, the informative evening highlighted the small business tax credit, grandfathered plans, and timeline of changes.  Tom Scanlon, CPA  was happy to bring this timely information to clients and friends.