Payroll Relief for Paying Employees Out of Work for COVID Reasons As infection rates continue to increase, many business owners are facing issues with [...]

To incentivize businesses to purchase machinery, vehicles, and other assets, congress set up bonus depreciation with the Tax Cuts and Jobs Act of 2017. This [...]

Employees – Half of one percent (0.5%) will be deducted from your paycheck starting on January 1, 2021, to fund this new state program. [...]

Overview The Connecticut Department of Economic and Community Development has just created a $50 million grant program to help small businesses continue their COVID-19 [...]

Now is the time to start preparing for vendor 1099 forms There have been considerable changes to the reporting requirements for payments to non-employees, [...]

HSA plans are tax-advantaged accounts created for individuals to set money aside today to pay for medical expenses in the future. Each dollar contributed [...]

One common expense to many businesses arises from the use of a vehicle. The good news is that the IRS recognizes the expense and [...]

Laura Saunders, a journalist for Wall Street Journal New York wrote “Tax Report: Almost No One Pays the 'Nanny Tax' --- But many households [...]

One of the greatest financial stressors parents face is how to pay for their child’s college education. Setting aside money can be difficult, but [...]

As funds are depleting, business owners are shifting their focus to PPP forgiveness applications. Although many banks are still working on their processes to [...]