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

Posted in Tax News on June 12, 2019

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

Posted in Tax News on January 25, 2019
hand holding pen over 1040 form

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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NEWS: Another SCAM Targeting LLCs

Posted in Small Business, Tax News on January 18, 2019
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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?

Posted in Events, Firm News on January 15, 2019
large trash bins lined up

  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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Scanlon’s tax advice on NBC CT 30

Posted in Firm News, Tax News on January 8, 2019
photo of CPA Thomas Scanlon

Could the government shutdown affect your taxes? Watch the video and see Tom Scanlon’s advice. Spoiler alert: Tom’s interview starts at 1:57.