Blog Archives

The Difference Between an Asset Sale and a Stock Sale

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

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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6 Easy Steps to Work With Your CPA

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

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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SHRED WEEK: January 23-27

Bring your boxes, bags or armful of papers to our office (Manchester office only) between Monday, January 23rd through Friday, January 27th (9:00am-5:00pm) and we’ll take care of the rest. We have contracted InfoShred, a CT leader in secure, off-site document destruction,


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