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FREE Tax Prep for First Responders

Posted in Events, Firm News, Tax News on May 26, 2020

To show our DEEP APPRECIATION for the work THEY do EVERYDAY (Do you have family or friends who do this critical work?) Borgida & Company, P.C. (Manchester office only) is offering free federal & State of CT income tax preparation…

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Paycheck Protection Act Loan Forgiveness

Posted in Tax News on May 8, 2020

    The Payroll Protection act is a loan program intended to provide American small business with eight weeks of cash-flow assistance through 100% federally guaranteed loans. 100% of the loan can be forgiven if certain guidelines are followed.  The…

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CT Self-Employed Clients Can File for Unemployment

Posted in Small Business, Tax News on May 1, 2020

Connecticut self-employed persons who are unemployed due to Coronavirus can now apply for Unemployment Compensation benefits through the Connecticut Department of Labor. Although telephone assistance is not available at this time, the CT DOL website (link below) has videos, forms and much…

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UPDATE ON TAX RELIEF: Payments & Extensions Deferred

Posted in Firm News, Tax News on March 22, 2020

The Treasury Department and Internal Revenue Service announced today that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer federal income tax payments due on April 15,…

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CT DRS Announces Requirement for CT Businesses Starting May 2020

Posted in Small Business, Tax News on January 16, 2020

The Connecticut Department of Revenue Services (DRS) announced on its website on January 13, 2020 that it is transitioning to a new online portal, myconneCT, for filing and paying various taxes. The new online portal is one part of a…

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