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…
This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. All Connecticut business owners that own personal property must file a Personal Property Tax Declaration in the town that business resides in by November 1,…
Third Quarter Estimated Tax Payments Are Due This is a friendly reminder that your third quarter estimated tax payments are due on September 15, 2021. Making estimated tax payments will decrease the amount you may owe when you file your next tax…
This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Closely Held Businesses looking to negotiate a sale of their business will either do an Asset Sale or a Stock Sale. …
This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Business owners can maintain their corporation as a regular or “C” Corporation. Alternatively, if they are eligible, they may want to make a Subchapter S Election.…
