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The Difference Between an Asset Sale and a Stock Sale

Posted in Small Business, Tax News on May 18, 2023

This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. Closely Held Businesses looking to negotiate a sale of their business will either do an Asset Sale or a Stock Sale.          …

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4 Reasons NOT to Wait for Your K-1

Posted in Firm News, Tax News on January 6, 2023

Subchapter S corporations (“Sub S”), partnerships, limited liability companies (“LLC’s”) and estates and trusts issue form K-1s. This form documents the stockholders, partners, members or beneficiaries share of their profit or loss from the entity.  Don’t wait for this form…

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Borgida Clients & Friends Raise $2,500 & almost 1,500 pounds for MACC!!

Posted in Events, Firm News on November 21, 2022

Local CPA Firm Borgida & Company of Manchester, CT raises money & food to help fill MACC Food Pantry for the holiday. Borgida & Company staff, clients, family & friends stepped up to the plate again this year! Our 2022…

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6 Easy Steps to Work With Your CPA

Posted in Tax News on January 25, 2019
hand holding pen over 1040 form

1. Sign the Work Authorization and complete the Tax Organizer In order to hire a CPA, you will need to authorize the work. This is done by signing the so-called engagement letter. This establishes the scope of the services to…

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Second-Annual Free Shred Event

Posted in Events, Firm News on October 23, 2017

You’re invited to participate in our Week-long SHRED EVENT     Date: Monday, January 8-Friday, January 12th Time: 8:30am-5:00pm Location: 360 East Center St., Manchester, CT   Piles of paperwork that you’re not sure how to get rid of? Time…

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