scarbble tires spell "blog"
Home › Blog › Page 65

Why I No Longer Need The Yellow Pages Phone Book

Posted in Firm News, Small Business on October 22, 2010

This past weekend the Yellow Pages phone book was delivered to my home.  When I got to work the next morning, another one was on the front step.  At home, it never even made it into the house.  I just put…

Read more

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

The Difference Between Capital Gains and Ordinary Income

Posted in Tax News on October 15, 2010

Most long-term capital gains are taxed at 15% for 2010.  This rate is scheduled to increase to 20% in 2011.  Unfortunately, we need to say “most” because there are some exceptions as follows: Taxpayers in the 10% and 15% ordinary…

Read more

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

Three Things a Business Owner Needs to Calculate their Tax Credit for Health Care Premiums

Posted in Small Business, Tax News on October 8, 2010

The recent health care reform has allowed eligible businesses to claim a credit for premiums paid for health insurance. For 2010, the maximum credit is 35% of the employer’s premium.

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

The Difference Between EE, HH, and I Savings Bonds

Posted in Tax News on October 1, 2010

Clients frequently ask us about the tax effects of government savings bonds they have in their house or safe deposit box.  When this question comes up, it’s usually in the context of estate planning.  To give an appropriate answer, we…

Read more

Tagged with: , , , , , , , ,

It's Time to File Your Personal Property Tax Declaration

Posted in Tax News on September 24, 2010

Business owners in Connecticut must file their 2010 personal property tax declaration by November 1, 2010.  This declaration is due at the town assessor’s office in each town where personal property is located.  The penalty for late filing is 25%…

Read more

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