Blog Archives

When to File Separate Tax Returns to Save Money

Posted in Tax News on September 8, 2013

Married couples have a choice when they file their income tax returns. They can file as married filing jointly or as married filing separately. Married Filing Jointly Most married couples will file a joint income tax return. There…

Tagged with: Adjusted Gross Income, AGI, Connecticut Taxpayers, Divorce, Estimated Taxes, Income Tax, Investment Expenses, job search expenses, Married Filing Jointly, Married Filing Separately, Medical Expenses, Miscellaneous Itemized Deduxtions, Property Tax Credit, Tax Preparation, unreimbursed employee expenses

3 Easy Steps For Mid-Year Tax Planning

Posted in Tax News on June 30, 2013

Half the year is in the books. Many people are playing golf, going to the beach or having a barbeque. It is also the time however to have your Mid-Year Tax Planning. Here are 3 Easy Steps to make this…

Tagged with: 401(k) Plan, Estimated Taxes, Form 1040-ES, Form CT-1040-ES, form ct-w-4, Form W-4, Income Tax, Income Tax Penalty, ira, Retired, roth conversion, roth ira, Self-Employed, Short Term Capital Gains, Stock Options, Tax Penalty

6 Reasons Small Business Owners Should Meet With Their CPA Before Year-End

Posted in Tax News on December 17, 2012

There are a host of reasons small business owners should meet with their CPA. Here are 6 of them: 1) Method of Accounting Smaller business can usually file their tax returns on the cash basis of accounting. The taxable…

Tagged with: Accelerated Deprection, accrual basis, Bonus, C Corporation, Cash Basis, CPA, Estimated Taxes, Income Tax, Income Tax Penalty, income tax planning, Limited Liability Company, LLC, Partnership, Profit Sharing Plan, retirement plan, S Corporation, S Election, Section 179, SEP, SIMPLE Plan, Simplified Employee Pension, Sole Proprietorship, Stockholder, Subchapter S Election, Tax Penalty, Withholding, Year- End Tax Planning

7 Things Connecticut Taxpayers Should Do Before Filing Their Income Tax Return

Posted in Tax News on April 3, 2012

1) Don’t panic. The returns are due on April 17th this year. This is due to April 15th falling on the weekend and April 16th being a holiday in Washington DC. If you can’t get your return completed and filed…

Tagged with: 401(k) Plan, Connecticut, Connecticut Income Tax, Connecticut Income Tax Return, Connecticut Retailers, Connecticut Sales tax, Connecticut Taxpayer, Connecticut use tax, CT, Dividends, estimated income taxes, Estimated Taxes, extension, FBAR, Foregin Assets, Foregin Bank Account, Form 4868, form 8938, Form CT-1040-Ext, Form TD F 90-22.1, Income Tax, income tax extension, income tax planning, Income Tax Return, Interest, ira, Married Filing Jointly, Married Filing Separately, Offshore Accounts, offshore investments, Ordinary Dividends, Penalties, Retirement, roth ira, Schedule B, tax deductions, tax exte, Tax penalties, tax planning, Withholding

4 Ways to Help Your CPA and Reduce Your Taxes

Posted in Tax News on December 20, 2011

Here are 4 ways to Help Your CPA and Reduce Your Taxes: 1) Have a Year End Planning Meeting with Your CPA This meeting can be in person or over the phone, it really doesn’t matter. The only thing that…

Tagged with: April 15th, Cash Basis, Certified Public Accountant, CPA, Estimated Taxes, Income Tax Return, Income Taxes, LLC, October 15th, Partnership, Schedule K-1, SEP, Simplified Employee Pension, Tax Extension, Tax Organizer, tax planning, Tax Return, Tax Strategy, Withholding, Year End

Branford, CT 203.208.0572
Glastonbury, CT 860.646.2465
Niantic, CT 860.739.5459
Storrs, CT 860.429.7885

Blog Archives

When to File Separate Tax Returns to Save Money

3 Easy Steps For Mid-Year Tax Planning

7 Things Connecticut Taxpayers Should Do Before Filing Their Income Tax Return

4 Ways to Help Your CPA and Reduce Your Taxes

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Branford, CT 203.208.0572 Glastonbury, CT 860.646.2465 Niantic, CT 860.739.5459 Storrs, CT 860.429.7885

Blog Archives

When to File Separate Tax Returns to Save Money

3 Easy Steps For Mid-Year Tax Planning

6 Reasons Small Business Owners Should Meet With Their CPA Before Year-End

7 Things Connecticut Taxpayers Should Do Before Filing Their Income Tax Return

4 Ways to Help Your CPA and Reduce Your Taxes

Search

Links

Latest News

Categories

Get Free Tax Tips

Branford, CT 203.208.0572
Glastonbury, CT 860.646.2465
Niantic, CT 860.739.5459
Storrs, CT 860.429.7885