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The Difference Between Preparing a Tax Return and Filing a Tax Return

Posted in Tax News on December 3, 2010

Recently, a client was in the process of refinancing their existing mortgage with their current mortgage company.  He was supposed to close two months ago.  The mortgage company continues to ask for more information from our client.

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1099 Reporting Guidelines

Posted in Tax News on November 19, 2010

January 31, 2011 is the deadline to furnish Form 1099-MISC to recipients.  The 1099-MISC form is used to report more than two dozen types of payments that must be claimed as income by the recipient.  This category includes payments made by…

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Borgida's 5th Annual Food Drive a Success!

Posted in Events on November 5, 2010

Partners & staff of Borgida & Company wish to thank all clients, friends and family who donated to this year’s 5th Annual Food Drive.  By your generosity, this year’s donations surpassed our expectations!  All items were donated to MACC Food Pantry.

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3 Things You Need to Hire an Employee

Posted in Tax News on October 29, 2010

Employers need to get three tax documents from new employees before they start work.

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It's Time to File Your Personal Property Tax Declaration

Posted in Tax News on September 24, 2010

Business owners in Connecticut must file their 2010 personal property tax declaration by November 1, 2010.  This declaration is due at the town assessor’s office in each town where personal property is located.  The penalty for late filing is 25%…

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