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4 Easy Ways for Taxpayers to Take the Hippocratic Oath

Posted in Tax News on October 16, 2012

All Physicians must take the Hippocratic Oath. This is an oath where they swear to practice ethically. Although there is some debate about the translation, the main theme is, ‘First, Do No Harm.’ All taxpayers need to take the Hippocratic…

Tagged with: Books and Records, CPA, extension, Hippocratic Oath, Income Tax, Income Tax Audit, income tax extension, income tax planning, Internal Revenue Service, IRS, IRS Audit, POA, Power of Attorney, Tax Audit, Tax Code, Tax Extension, tax planning, Tax Returns

How (and When) to File an Income Tax Extension

Posted in Tax News on April 10, 2012

Due Date The federal income tax returns are normally due on April 15th. This year, the 15th falls on a Sunday, so the due date should be Monday the 15th. However, Monday the 16th is Emancipation Day so the due…

Tagged with: April 15, April 17, Connecticut, Connecticut Income Tax Extension, Connecticut Taxpayer, CT, extension, Form 4868, Form CT-1040-Ext, form k-1, Income Tax, income tax extension, Income Tax Penalty, Income Taxes, Individual Retirement Arrangement, Interest, Internal Revenue Service, Investments, ira, IRS, October 15th, Penalty, roth ira, SEP, Simplified Employee Pension, Tax Extension, Tax Penalty

7 Things Connecticut Taxpayers Should Do Before Filing Their Income Tax Return

Posted in Tax News on April 3, 2012

1) Don’t panic. The returns are due on April 17th this year. This is due to April 15th falling on the weekend and April 16th being a holiday in Washington DC. If you can’t get your return completed and filed…

Tagged with: 401(k) Plan, Connecticut, Connecticut Income Tax, Connecticut Income Tax Return, Connecticut Retailers, Connecticut Sales tax, Connecticut Taxpayer, Connecticut use tax, CT, Dividends, estimated income taxes, Estimated Taxes, extension, FBAR, Foregin Assets, Foregin Bank Account, Form 4868, form 8938, Form CT-1040-Ext, Form TD F 90-22.1, Income Tax, income tax extension, income tax planning, Income Tax Return, Interest, ira, Married Filing Jointly, Married Filing Separately, Offshore Accounts, offshore investments, Ordinary Dividends, Penalties, Retirement, roth ira, Schedule B, tax deductions, tax exte, Tax penalties, tax planning, Withholding

3 Reasons To File IRS Form 8938, Statement of Specified Foreign Assets

Posted in Tax News on February 8, 2012

1) You have a “Specified Foreign Financial Asset” which exceeds the filing requirements Financial Assets that are subject to this form are: A Financial Account maintained by a foreign institution and the following assets not held in an account with…

Tagged with: extension, FBAR, Financial Asset, foregin institution, foreign account, foreign asset, Form 1040, Form 4868, form 8938, Form TD F 90-22.1, Income Tax, income tax extension, Income Tax Penalty, Internal Revenue Service, IRS, irs penalties, Married Couple, Married Filing Jointly, October 15th, Offshore Accounts, Penalty, Stock, Tax Penalty, Taxpayer, Treasury Department

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

Blog Archives

4 Easy Ways for Taxpayers to Take the Hippocratic Oath

How (and When) to File an Income Tax Extension

7 Things Connecticut Taxpayers Should Do Before Filing Their Income Tax Return

3 Reasons To File IRS Form 8938, Statement of Specified Foreign Assets

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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

4 Easy Ways for Taxpayers to Take the Hippocratic Oath

How (and When) to File an Income Tax Extension

7 Things Connecticut Taxpayers Should Do Before Filing Their Income Tax Return

3 Reasons To File IRS Form 8938, Statement of Specified Foreign Assets

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