What's new @ Borgida CPAs

2019 Fall Seminar Series Announced!!

FALL WORKSHOPS Join us for Dinner & Important Discussions You’ll Want to Hear   SPONSORED BY BORGIDA & COMPANY, P.C.  Certified Public Accountants & RAYMOND JAMES FINANCIAL SERVICES, Inc.     Thursday, September 12th MAXIMIZING SOCIAL SECURITY BENEFITS 5:30pm – 7:00pm,

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3 Reasons to Do a Roth Conversion to Save Taxes

A Roth Conversion is when you take a distribution from an IRA, tax it and rollover the proceeds within 60 days into a Roth IRA.  In lieu of getting a check, have the funds sent from the IRA to the

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CT Changes the Pass-Through Entity Tax (PET)

The State of Connecticut recently passed legislation to change the Pass-Through Entity Tax (PET). The PET was originally enacted effective January 1, 2018.  This tax applies to Pass-Through Entities. Entities that are subject to this tax are: Partnerships Limited Liability

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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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