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“Cloud Computing” – Should You Start Doing Business in the Cloud?

Posted in Tax News on October 2, 2012

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…

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4 Reasons Everyone Should Contribute to a Roth IRA

Posted in Tax News on September 25, 2012

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…

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7th Annual Food Drive

Posted in Tax News on September 17, 2012

    Food Drop of Dates: October 1 – October 31, 2012

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How a Connecticut ‘C’ Corporation can claim the Neighborhood Assistant Act Credit

Posted in Tax News on September 14, 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…

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6 Easy Steps to Navigate an IRS Audit and Save You (Tax) Money

Posted in Tax News on September 11, 2012

1) Determine if this is an IRS Field, Office or Correspondence Audit With a Field Audit, the audit will be done at your place of business. Most taxpayers requests that the audit be moved and done at your CPA’s office.…

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