What's new @ Borgida CPAs

Don’t Take That Required Minimum Distribution (RMD) Just Yet!

Clients who will be turning 70 ½ this year are being advised to PAUSE with regards to taking their Required Minimum Distribution from their IRA for 2019.   Clients of this age AND who have an IRA or a 401(k)

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6 Easy Steps to Work With Your CPA

1. Sign the Work Authorization and complete the Tax Organizer In order to hire a CPA, you will need to authorize the work. This is done by signing the so-called engagement letter. This establishes the scope of the services to

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4 Easy Steps to File Your 2018 Forms 1099

1) Determine who should receive Form 1099 Business owners need to determine who should receive a Form 1099.  The Form 1099 will be issued to independent contractors and other parties. The IRS has rules to determine who is an employee

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NEWS: Another SCAM Targeting LLCs

CT companies have been receiving notices in the mail that look very official looking from Workplace Compliance Services out of West Hartford, CT stating that their Annual Report filing is overdue and for a fee of $110 paid they will

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What’s 3,000 pounds & in a million pieces?

  Dozens of Borgida & Company clients started their new year a little lighter. Boxes, bags and carts came rolling into our Manchester office last week. Over 3,000 pounds of old tax returns, bank statements and much more are now

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