Blog Archives

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-1’s. 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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4 Easy Steps to Prepare Your Connecticut Personal Property Tax Declaration

For Connecticut business owners their 2013 personal property tax declaration report is due by November 1, 2013.  A report must be filed in each town that the business owns personal property. Unlike real estate and vehicles, personal property is self-reported. 


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3 Proven Reasons You Should Be Prepared to File a Tax Extension This Year

  The government finally passed the American Taxpayer Relief Act of 2012 at the last minute.  So, we have avoided the Fiscal Cliff…for now.   Now it’s time to file your 2012 tax return. Or is it?   Here are


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4 Easy Ways for Taxpayers to Take the Hippocratic Oath

All Physicians must take the Hippocratic Oath.  This is an oath where they swear to practice ethically. Although there is some debate about the translation, the main theme is, ‘First, Do No Harm.’ All taxpayers need to take the Hippocratic


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How (and When) to File an Income Tax Extension

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


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