The recently enacted 2010 Small Business Jobs Act includes a wide-ranging assortment of tax breaks and incentives for small business paid for with various revenue raisers. Here’s a brief overview of the tax changes in the new law.
This is “Shark Week” on the Discovery Channel. We are (not so gently) reminded not to swim with the sharks. For the self-employed in Connecticut, every week is “Shark Week”. A self-employed person is someone who runs their business as…
This is a familiar question a client or potential client will ask us. Some of the more common situations in need of a tax identification number are: Starting a business that will have employees Having a corporation Having a qualified…
April 15th is near and you’re looking for a few more tax deductions. Look no further. Here are five last minute tax deductions.
A Simplified Employee Pension (SEP) is a retirement plan that self-employed people should take a look at. To adopt a SEP plan an employer needs to complete IRS Form 5305-SEP. This form is not filed with the IRS; the employer…