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Tax Credits for “Going Green”

Homeowners still have time this year to make energy-saving and green-energy home improvements and qualify for either of two home energy credits.

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7 Smart Year End Tax Planning Moves

  1) Harvest Capital Losses Capital gains property includes stocks, bonds and mutual funds.  Currently, the stated rate on long term capital gains is 15%.  If you have a net loss after netting all of your gains and losses, the

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Rental Property Owners Get Relief from 1099 Reporting Requirements

Originally under the Small Business Jobs Act, those who received rental income from real estate were going to be considered, to be engaged in a business, and were going to be subject to the requirements to issue 1099 information returns. 

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4 Reasons to be as Grateful Every Day as Thanksgiving

  This Thursday we celebrate Thanksgiving.  If you live in the Greater Hartford area your day might look like this: Running in the Manchester Road Race Watching the Macy’s Thanksgiving Day Parade Watching the Football Games on TV Settle in

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The Difference Between an LLC and a Subchapter S Corporation

Startup businesses are often considering either a Limited Liability Company (“LLC”) or a Subchapter S Corporation.  Here are the differences:

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