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…
On Thursday, September 27th Borgida & Company hosted a presentation entitled “How the New Federal Tax Law Affects You”. A big crowd joined us for dinner and asked questions regarding their concerns about the 2018 tax law changes. A autumn-themed…
All Connecticut business owners that own personal property must file a Personal Property Tax Declaration by November 1, 2018. Failure to file this declaration or filing late will result in a penalty equal to 25% of the assessed value of…
Join us for Dinner & Important Discussions You’ll Want to Hear. Thursday, September 27th How The New Federal Tax Law Affects YOU 5:30pm – 7:00pm, 360 East Center Street, Manchester, CT Thomas F. Scanlon, CPA, CFP®, President of Borgida…
In December, 2017 President Trump signed the new tax bill. This is known as the Tax Cuts and Jobs Act (TCJA). What received a lot of attention in the media was the tax cuts for individuals. For Connecticut taxpayers, check…
