Blog Archives

How to Pay Your Estimated Taxes

  Many taxpayers are employees and have their income taxes withheld from their paycheck.  Every April 15th they need to settle up with Uncle Sam and their state tax department.   Other taxpayers may not be employees or have taxes


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5 Easy Steps to Opening a Business in Connecticut

  1) Meet With Your CPA and Attorney The first step is to meet with your CPA and Attorney. Your CPA should be able to review your business plan and provide feedback. Additionally, your CPA should be able to advise


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4 Easy Ways to Start Your 2013 Tax Planning and Save Money

The New Year’s celebrations are over.   The New Year’s Resolutions are starting. We’ll see how long they last.   Many people feel income taxes are going up. I’m confident they are for the higher income earners.


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

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


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Why The New Medicare Tax May Cost You More Money

Current Medicare Tax Currently taxpayers pay 1.45% Medicare Tax on their earned income. This is from a W-2 for employees and net-income from self-employed individuals. The employee pays this amount and the employer matches it, therefore they remit 2.9% to


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