News & Resources
Covid-19 Tax Filing Guidelines for 2019 Connecticut Tax Filers & FAQs
(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...
Corona-19 and Unemployment Issues in Connecticut, New York, Massachusetts and Rhode Island
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...
Tax Harvesting in Connecticut: The What, Why, and How
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...
Top 5 Concerns for Connecticut Small Business & Long-Term Planning
Small business owners in Connecticut have a lot of obligations—from keeping up with inventory to balancing big-picture strategy. From a long-term strategy standpoint, small businesses need to be aware of issues that could make or break the company. These concerns will...
The Most Important Retirement Questions in Connecticut Are Not Financial
Often, my clients ask me about retirement. They want to know: How will taxes impact my retirement? How much do I need to retire? And most importantly—WHEN can I retire? When clients ask me these questions, I have even more questions in return. Optimizing taxes is...
Year-End Tax Planning in Connecticut: Starting Early Saves Money!
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...
What to ask an accountant in Connecticut before hiring them
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...
What to know and do about the Equifax data breach and settlement
As you may know, Equifax announced that it experienced a significant data breach in September 2017. You may be surprised to learn just how extensive the breach truly is—it has affected roughly 147 million people. That is about 49% of the United States population....