Blog Archives

4 Reasons NOT to Wait for Your K-1

Subchapter S corporations (“Sub S”), partnerships, limited liability companies (“LLC’s”) and estates and trusts issue form K-1s. This form documents the stockholders, partners, members or beneficiaries share of their profit or loss from the entity.  Don’t wait for this form


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3 Smart Reasons to Use IRS Form 911

This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Do you have an IRS issue and you can’t seem to get it resolved?  You’re not alone.   Back in the day, if you had an


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2021 TAX RETURNS START BEING ACCEPTED JANUARY 24, 2022

Local Connecticut accounting firms gearing up for busy season. The IRS announced that the nation’s tax season will start on Monday, January 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns.   VISIT THE


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CT Tax Amnesty Program-If You Owe, Do NOT Wait! Jan 31st Deadline

Reduced Interest and No Penalties Offered through January 31, 2022 HARTFORD, Connecticut / October 28, 2021 – Connecticut Department of Revenue Services (DRS) Commissioner Mark Boughton today announced the 2021 Tax Amnesty program offering individuals and businesses the opportunity to


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Benefits NOW Available: CT’s Paid Family & Medical Leave Law

Information posted by local Manchester CPA firm Borgida & Company, P.C. By now most every Connecticut resident is undoubtedly aware of the State’s new Paid Family & Medical Leave law because they’ve been seeing an additional deduction in their paycheck


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