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5 Easy Steps to Opening a Business in Connecticut

Posted in Small Business on June 17, 2021

This article is original content written by Thomas Scanlon, CPA, CFP® of Manchester, CT. 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…

Tagged with: Attorney, Business Plan, Buy-Sell Agreement, Certified Public Accountant, Connecticut, Connecticut Department of Revenue Services, Connecticut Labor Department, Connecticut Sales tax, Corporation, CT DOL, CT DRS, CT Withholding, Form REG-1, Form SS-4, Form UC-1A, Forrest Gump, Health Insurance, Income Tax, Internal Revenue Service, IRS, Life Insurance, Limited Liability Company, LLC, Sales Tax, Sole Proprietor, Stockholders, Subchapter S Corporation, Subchapter S Election, Tax Identification Number, Withholding, Workers Compensation

4 Easy Steps to Hiring a Domestic Employee in Connecticut

Posted in Tax News on October 20, 2013

Are you considering hiring a domestic employee in Connecticut? If so, take these 4 easy steps: 1) Apply for Tax Identification Numbers To hire an employee you will need to obtain a federal tax identification…

Tagged with: Connecticut Employer, Connecticut Labor Department, Connecticut Withholding, Domestic Employee, Federal Tax Identification Number, Federal Withholding, Form CT-W4, Form I-9, Form SS-4, Form UC-1A, Form W-4, Internal Revenue Service, IRS, Personal Umbrella Policy, Tax Identification Number, Umbrella Policy, Workers Compensation, Workers Compensation Insurance

Why Some Small Businesses Should NOT be an LLC

Posted in Small Business on June 9, 2013

The Limited Liability Company (“LLC”) certainly has become a popular form of business entity. If there is only one member (owner) then setting up these entities has become a breeze. Just go online, fill out some forms, pay the registration…

Tagged with: C Corporation, Connecticut Department of labor, Connecticut Taxpayers, corporate tax return, Corporation, Estimated Tax, Form 1040, Form 1040-ES, Form 1120, form 1120-S, form 940, Form 941, Form CT-1040-ES, Form W-2, Form W-3, Income Tax, Limited Liability Company, LLC, Payroll Tax, S Corporation, Schedule C, Single Member LLC, Sole Proprietor, Subchapter S Corporation, Workers Compensation

5 Easy Steps to File Your 1099’s….Guaranteed

Posted in Tax News on January 6, 2013

It’s time for business owners to file their 1099’s. Here are 5 Easy Steps to do this: 1) Determine who you will be Required to File a 1099 For Form 1099 is due to any independent contractor who is unincorporated…

Tagged with: Contractor, Form 1096, Form 1099, Form 1099-MISC, Form W-9, General Partnership, Identidy Fraud, Income Tax, Independent Contractor, Internal Revenue Service, IRS, Landlords, Limited Liability Company, LLC, Partnership, Real Estate, Social Security Number, Social Security Tax, Sole Proprietorship, Sub Contractor, Tax Identification Number, Twenty Factor Test, Unemployment Tax, Workers Compensation

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

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

Blog Archives

5 Easy Steps to Opening a Business in Connecticut

4 Easy Steps to Hiring a Domestic Employee in Connecticut

Why Some Small Businesses Should NOT be an LLC

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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

5 Easy Steps to Opening a Business in Connecticut

4 Easy Steps to Hiring a Domestic Employee in Connecticut

Why Some Small Businesses Should NOT be an LLC

5 Easy Steps to File Your 1099’s….Guaranteed

Connecticut Joins Pact on Employee Misclassification Initiative

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