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Ask many people if they have an estate plan and they just roll their eyes. With the Federal Estate Tax Exclusion at $5.12 million most people will not be subject to estate taxes. In Connecticut, the exclusion is $2 million…
Cloud computing has gained a tremendous amount of attention over the past several years. The cloud service industry is projected to reach $148.8 billion through 2014. So what does this mean to us, the professionals, as well as to our…
1) Tax – Free Distributions If the Roth IRA account is open for at least 5 years and the taxpayers is over age 59 1/2, then all of the distributions from the Roth IRA are tax-free. 2) Take Your…
Food Drop of Dates: October 1 – October 31, 2012
Connecticut ‘C’ Corporations can avail themselves to the Connecticut Neighborhood Assistance Act Credit. The concept of the credit is to promote funding for tax exempt and municipal organizations by providing a Connecticut income tax credit for ‘C’ Corporations. Click…
