Blog Archives

Don’t Take That Required Minimum Distribution (RMD) Just Yet!

Clients who will be turning 70 ½ this year are being advised to PAUSE with regards to taking their Required Minimum Distribution from their IRA for 2019.   Clients of this age AND who have an IRA or a 401(k)


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6 Easy Steps to Work With Your CPA

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1. Sign the Work Authorization and complete the Tax Organizer In order to hire a CPA, you will need to authorize the work. This is done by signing the so-called engagement letter. This establishes the scope of the services to


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NEWS: Another SCAM Targeting LLCs

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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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Scanlon’s tax advice on NBC CT 30

photo of CPA Thomas Scanlon

Could the government shutdown affect your taxes? Watch the video and see Tom Scanlon’s advice. Spoiler alert: Tom’s interview starts at 1:57.


The New Connecticut Business Entity Tax

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The Jobs Cut and Tax Act (JCTA) of 2017 made the most sweeping changes to the Federal Income Tax Law in over 30 years. Read here to see the 7 Ways the 2017 Tax Bill Affects Connecticut Taxpayers. In additional


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