Blog Archives

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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Don’t Forget to File Forms 1099 & 1096

form 1099-misc

This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. The IRS requires business taxpayers to report amounts paid as non-employee compensation on Form 1099-NEC.   The non-employee compensation will be reported in box one of

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Would You Like to Sign Your Income Tax Returns Electronically?

Local Manchester, CT CPA firm now offering e-signature for clients. NEW THIS YEAR: Borgida & Company, P.C. is NOW offering E-Signature to our clients who use our client portal for return “delivery”.   E-Signature capabilities allow YOU to sign your

Federal Estate Tax Proposal 2021 -> Proposed Build Back Better Act

This article is original content written by local Manchester, CT CPA firm Borgida & Company, P.C. staff accountant Norbert Jurkiewicz. Pending Legislation: Proposed Build Back Better Act Affects Estate and Gift Tax Planning   Background On December 22, 2017, President

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