Blog Archives

NEW Bill: Connecticut’s Response to the Tax Cuts & Jobs Act of 2017

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 were the tax cuts for individuals. For CT taxpayers, check


Four Easy Steps for CT Taxpayers to Plan for their 2018 Income Tax

1. Know the Tax Law Changes   In December 2017 President Trump signed the new tax bill.  This new law is known as the Tax Cuts and Jobs Act (TCJA).  Much of the discussion surrounding the TCJA is tax cuts


Tagged with: , , , , , , ,

7 Ways The 2017 Tax Bill Affects Connecticut Taxpayers

    1) Decrease in Income Tax Rates   The 2018 income tax rates are as follows: Single                                        Married Filing Joint


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

4 Easy Steps to File Your 2017 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


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

A Summary of the Proposed Tax Law & How It Affects You

The US senate passed their version of the tax reform – the Cuts and Jobs Act – on December 2nd.  The bill differs from the version that the House passed last month, which means the 2 houses will have to


Tagged with: , , , , , , ,