What's new @ Borgida CPAs

Borgida Celebrates Milestone

Local accounting firm celebrates a milestone in their 50th anniversary. Borgida & Company, P.C., Certified Public Accountants, partners Peter Bartolotta of Niantic; Aaron Johnson of South Windsor, and Thomas Scanlon of Glastonbury and staff celebrated the firm’s 50th Anniversary at


New IRS Email Scam

A new IRS scam has recently emerged. Fraudulent emails are being sent out asking taxpayers to pay a penalty for not having the required healthcare coverage imposed by the Affordable Care Act. The IRS sends taxpayers notices by mail only,


IRS Phone Scam

There have been a growing number of tax-related phone scams, where the scammers are usually after your money and possibly your identity. Please be aware that the IRS will NEVER call you. A scammer may call you and: Identify themselves


4 Reasons NOT to Wait for Your K-1

Subchapter S corporations (“Sub S”), partnerships, limited liability companies (“LLC’s”) and estates and trusts issue form K-1’s. This form documents the stockholders, partners, members or beneficiaries share of their profit or loss from the entity.  Don’t wait for this form

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , ,

5 Proven Steps to Survive a Connecticut Labor Department Audit

You received a notice of audit from the State of Connecticut Labor Department. What should you do?  Follow these 5 Proven Steps to Survive a Connecticut Labor Department Audit.   1) Give a Power of Attorney to Your CPA To

Tagged with: , , , , , , , , , , , ,