Blog Archives

Rental Property Owners Get Relief from 1099 Reporting Requirements

Originally under the Small Business Jobs Act, those who received rental income from real estate were going to be considered, to be engaged in a business, and were going to be subject to the requirements to issue 1099 information returns. 


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4 Reasons to be as Grateful Every Day as Thanksgiving

  This Thursday we celebrate Thanksgiving.  If you live in the Greater Hartford area your day might look like this: Running in the Manchester Road Race Watching the Macy’s Thanksgiving Day Parade Watching the Football Games on TV Settle in


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The Difference Between an LLC and a Subchapter S Corporation

Startup businesses are often considering either a Limited Liability Company (“LLC”) or a Subchapter S Corporation.  Here are the differences:


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5 Reasons Donors Should Give Appreciated Property

Donors should give appreciated property to their favorite charity. Appreciated property is property whose Fair Market Value exceeds the cost basis.  Cost basis is generally what was paid for an item.


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Borgida’s 6th Annual Food Drive a Success!

Partners & staff of Borgida & Company wish to thank all clients, friends and family who donated to this year’s 6th Annual Food Drive.  By your generosity, this year’s donations surpassed our expectations! We want to give a special thank


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