Blog Archives

Don’t Miss Paying Your Estimated Taxes – IRS Increases Penalty for Underpayment of Taxes

Local Manchester, CT CPA firm Borgida & Company warns clients about missing making payments for estimated taxes and IRS penalties.   The Surprise Bill Coming to Those Who Underpay Their Taxes- The IRS penalty for shortfalls jumps to 8%  


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File IRS Forms 1099 & 1096 BEFORE January 31, 2024

The IRS requires business taxpayers to report amounts paid as non-employee compensation on Form 1099-NEC. Non-employee compensation will be reported in box one of the Form 1099-NEC and is generally considered self-employment income and likely subject to self-employment tax to


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2023 MACC FOOD DRIVE A HUGE SUCCESS!

On December 14, 2023, local Manchester accounting firm Borgida & Company, P.C. delivers truckload of supplies and $2,500 to the Manchester-based non-profit MACC Charities. After a month of collecting non-perishables and toiletries at Borgida & Company’s East Center Street office


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Borgida Clients & Friends Raise $2,500 & almost 1,500 pounds for MACC!!

Local CPA Firm Borgida & Company of Manchester, CT raises money & food to help fill MACC Food Pantry for the holiday. Borgida & Company staff, clients, family & friends stepped up to the plate again this year! Our 2022


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Support Small Business Saturday in Manchester Connecticut

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Support Small Business Saturday in Manchester, Connecticut. Pick up some jewelry at Bray Jewelers, some flowers at Browns Flowers and finish your day with a meal and a beverage at The Main Pub!!


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