Blog Archives

3 Reasons to Do a Roth Conversion to Save Taxes

3 fingers held up

A Roth Conversion is when you take a distribution from an IRA, tax it and rollover the proceeds within 60 days into a Roth IRA.  In lieu of getting a check, have the funds sent from the IRA to the


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CT Changes the Pass-Through Entity Tax (PET)

graphic of CT state map

The State of Connecticut recently passed legislation to change the Pass-Through Entity Tax (PET). The PET was originally enacted effective January 1, 2018.  This tax applies to Pass-Through Entities. Entities that are subject to this tax are: Partnerships Limited Liability


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4 Easy Steps to File Your 2018 Forms 1099

form 1099-misc

1) Determine who should receive Form 1099 Business owners need to determine who should receive a Form 1099.  The Form 1099 will be issued to independent contractors and other parties. The IRS has rules to determine who is an employee


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NEWS: Another SCAM Targeting LLCs

Photo of scam document

CT companies have been receiving notices in the mail that look very official looking from Workplace Compliance Services out of West Hartford, CT stating that their Annual Report filing is overdue and for a fee of $110 paid they will


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Support Small Business Saturday in Manchester Connecticut

store front

Support Small Business Saturday in Manchester, Connecticut. Pick up some jewelry at Bray Jewelers, some flowers at Browns Flowers and finish your day with a meal and a beverage at The Main Pub!!


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