1) Adopt a Retirement Plan A business has several different retirement plans it could adopt. The most common plan is the 401(k) plan. With a 401(k) plan the employee is allowed to defer on a pre-tax basis up to $17,500…
1) Adopt a Retirement Plan A business has several different retirement plans it could adopt. The most common plan is the 401(k) plan. With a 401(k) plan the employee is allowed to defer on a pre-tax basis up to $17,500…
The year-end will be here soon. Here are 4 year-end tax planning steps for Connecticut taxpayers:
Some taxpayers will have more than one home. For them it’s important to declare their state of residence. There are no specific rules to follow to declare your residence. Establishing residence is actually what your intentions are.
It appears that there are more notices being issued to taxpayers regarding a potential mismatch with a 1099 that was filed. This increase in correspondence might be the result of taxpayers responding to Two Simple Questions Taxpayers Must Carefully…
Business owners of corporations will by default have a “C” Corporation. If they are eligible and they elect, they could be a Subchapter S (“Sub S”) corporation. An eligible Sub S corporation meets the following…