by nimda | Mar 24, 2020 | Individual Finance, individual Taxes
(Updated March 24, 2020) We wanted to keep you updated on the latest information we have regarding taxes – both filing and payments – for both the IRS and the state of Connecticut. There are some updates that we want to report as a result of the current health...
by nimda | Mar 23, 2020 | Individual Finance, individual Taxes
The rapidly changing landscape due to the Coronavirus health crisis is having an immediate impact on the employment status of many people in Connecticut, New York, Massachusetts, and Rhode Island. Each of these states has been updating their unemployment insurance...
by nimda | Feb 2, 2020 | Individual Finance, individual Taxes
The term “tax harvesting” refers to using current investment holdings in a loss position to decrease the amount of income tax that you may have to pay. Tax harvesting can help reduce your income tax bill. Harvesting can be a good idea if you have been holding...
by nimda | Oct 3, 2019 | Individual Finance, individual Taxes
It is never too early to think about your income taxes. In fact, the end of the year is the perfect time to be sure that you are taking advantage of tax savings. If you let the year closeout without this type of planning, you risk throwing away money that could be...
by nimda | Sep 15, 2019 | individual Taxes
Whether you’re hiring a CPA for the first time, or you’re looking to make a change from your current tax professional, it’s important to find the right professional for your tax needs. Ask your potential new CPA the following questions to make sure you are both on the...