Blog Archives

Connecticut Joins Pact on Employee Misclassification Initiative

Posted in Tax News on May 8, 2012

The misclassification of employees as independent contractors, presents a serious issue for affected employees, employers, and to the economy. Misclassified employees are often denied access to critical benefits and protections such as family and medical leave, overtime, minimum wage and…

Tagged with: Connecticut, Connecticut Employers, Contractor, Contractors, CT, CT Department of Labor, Department of Labor, DOL, economy, Employee, Employee Misclassification, Employer, Independent Contract, Internal Revenue Service, IRS, Medicare, Social Security, Subcontractor, Tax Gap, Workers Compensation

How (and When) to File an Income Tax Extension

Posted in Tax News on April 10, 2012

Due Date The federal income tax returns are normally due on April 15th. This year, the 15th falls on a Sunday, so the due date should be Monday the 15th. However, Monday the 16th is Emancipation Day so the due…

Tagged with: April 15, April 17, Connecticut, Connecticut Income Tax Extension, Connecticut Taxpayer, CT, extension, Form 4868, Form CT-1040-Ext, form k-1, Income Tax, income tax extension, Income Tax Penalty, Income Taxes, Individual Retirement Arrangement, Interest, Internal Revenue Service, Investments, ira, IRS, October 15th, Penalty, roth ira, SEP, Simplified Employee Pension, Tax Extension, Tax Penalty

What Not To Wear…To an IRS Audit

Posted in Tax News on March 27, 2012

On TLC’s What Not to Wear Stacy and Clinton give a ‘make over’ to some lady that is, well…not dressed so well… Taxpayers that are being audited need to make sure they are putting their best foot forward right at…

Tagged with: Accountant, Audit, Auditor, Clinton, Clinton Kelly, Correspondence Audit, CPA, Field Audit, Form 2848, Income Tax, Income Tax Audit, Internal Revenue Service, IRS, IRS Audit, IRS Correspondence, IRS Field Audit, IRS Office Audit, National Research Program, NPR Audit, Office Audit, POA, Power of Attorney, Stacy, Stacy London, Tax Accountant, Tax Audit, Taxpayer, Taxpayer Representation, TLC, What Not to Wear

The Biggest Loser….The Self-Employed in Connecticut

Posted in Tax News on March 20, 2012

The Biggest Loser is a TV show where contestants attempt to lose the most weight for cash prizes. Full Disclosure: I don’t watch the show and I have only seen short clips of it. I don’t proclaim to fully understand…

Tagged with: C Corporation, CHET, Connecticut, Connecticut Higher Education Trust, Connecticut Income Tax, Connecticut Self-Employed, CT, Income Tax, Incorporting, Internal Revenue Service, ira, IRS, Limited Liability Company, LLC, Partnership, S Corporation, S Election, Self-Employed, SEP, Simplified Employee Pension, Social Security Tax, Sole Proprietor, Sub S Election, Subchapter S Election, Taxpayer, The Biggest Loser

2 Simple Questions That Taxpayers Will Need to Answer Carefully This Year

Posted in Tax News on March 8, 2012

Do you file a Schedule C, Profit or Loss From Business or Schedule E, Supplemental Income or Loss (From Real Estate or Partnerships)? If so, you will notice there are 2 simple questions that have been added to these forms.…

Tagged with: China, Compliance, Congress, Form 1099, Form W-9, Income Tax, Income Tax Return, Income Taxes, IRS, Penalty, Penalty Waiver, Reasonable Cause, Schedule C, schedule E, Tax Gap, Tax ID Number, Tax Penalty, Unreported Income

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

Blog Archives

How (and When) to File an Income Tax Extension

What Not To Wear…To an IRS Audit

2 Simple Questions That Taxpayers Will Need to Answer Carefully This Year

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

Blog Archives

Connecticut Joins Pact on Employee Misclassification Initiative

How (and When) to File an Income Tax Extension

What Not To Wear…To an IRS Audit

The Biggest Loser….The Self-Employed in Connecticut

2 Simple Questions That Taxpayers Will Need to Answer Carefully This Year

Search

Links

Latest News

Categories

Get Free Tax Tips

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