Blog Archives

4 Easy Steps to File Your 2018 Forms 1099

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


Tagged with: , , , , , , , ,

NEWS: Another SCAM Targeting LLCs

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


Tagged with: , , , ,

Scanlon’s tax advice on NBC CT 30

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

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


Tagged with: , , , , , ,

5 Reasons Taxpayers over Age 70 1/2 Should Make a Charitable Donation From Their IRA

The Tax Cuts and Jobs Act (“TCJA”) almost doubled the Standard Deduction. Beginning in 2018, Single filers can claim $12,000, Head of Household $18,000 and Married Filing Jointly $24,000. Additionally, the maximum amount that can be deducted for state and


Tagged with: , , , , , , , , , , , , , , , , , ,