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Four Reasons to Review Your Withholding and Estimated Tax Payments Now

Posted in Tax News on August 6, 2010

The first half of the year is in the books.  It’s time to take a look at your withholding and estimated tax payments.  Why is this important?  To avoid any potential penalty for underpayment of estimated taxes. 

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Why Every Week is "Shark Week" for the Self-Employed in Connecticut

Posted in Tax News on July 30, 2010

This is “Shark Week” on the Discovery Channel.  We are (not so gently) reminded not to swim with the sharks. For the self-employed in Connecticut, every week is “Shark Week”.  A self-employed person is someone who runs their business as…

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SAVE THE DATE – 09/15/10

Posted in Events on July 28, 2010

THIS IS ONE SEMINAR YOU WON’T WANT TO MISS!               “SMALL BUSINESS FRAUD”       How to Best Protect Yourself             From Your Employees Presented by:  Stephen Pedneault, CPA/CFF, CFE                  September 15, 2010 @ 5:30pm                 Borgida & Company, P.C., CPA’s…

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Why You Should Not Represent Yourself in an IRS Audit

Posted in Tax News on July 23, 2010

Most taxpayers should not represent themselves in an IRS audit.  Most taxpayers should have their CPA or tax preparer represent them.  If they hire their CPA, they should not accompany them to the audit.  Why?  They might be tempted to…

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New Tax Benefits for Employers Who Hire and Retain Unemployed Workers

Posted in Tax News on July 22, 2010

FEDERAL TAX BENEFITS Under the federal Hiring Incentives to Restore Employment (HIRE) Act, two new tax benefits are available to employers who hire workers who were previously unemployed (“qualified employees”).

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