Tax Saving Strategies for 2021
Around this time of year, it is always good to take a moment to consider tax saving strategies to help lower your income taxes. [...]
15
11, 2021
4
11, 2021
Connecticut Tax Amnesty Program
Connecticut’s Department of Revenue Services is offering a Tax Amnesty Program that starts November 1st, 2021 and runs through January 31, 2021. Individuals and [...]
20
10, 2021
Month-End Closing Procedures
Month-end closing can be challenging for many businesses. A balance needs to be found between dedicating too many resources and not quite enough. There [...]
13
10, 2021
Employee Retention Credit & The Recovery Startup Business
As part of the American Rescue Plan Act of March 2021, there has been an extension, as well as an expansion to who can [...]
6
10, 2021
New York State Pass-Through Entity Tax (PTET)
New York introduced a new, elective Pass-through entity tax (PTET) that partnerships or New York S-corporations may want to take advantage of. The PTET [...]
4
10, 2021
What to Do if Your Economic Injury Disaster Loan was Declined
The Economic Injury Disaster Loan is a longstanding loan provided by the Small Business Administration. The SBA has been offering disaster loans long before [...]
29
09, 2021
CT Pass-Through Entity Tax Payments – Helpful Information
Please be advised as of September 15th, 2021 all Connecticut Pass-Through Entity Tax payments must be made via myconneCT. myconneCT support telephone number is [...]
17
09, 2021
Small Businesses Awarded Tax Credit for Providing Vaccination Paid Leave Ending September 30, 2021
In an effort to encourage more individuals to get vaccinated, President Joe Biden has formed a paid-leave tax credit for employers that provide full [...]
15
09, 2021
Financial Statement Reporting While Navigating Uncertainty Generated by the COVID-19 Pandemic
It is no secret that the COVID-19 pandemic has impacted nearly every aspect of everyday life for the past 18 months. Individuals and businesses [...]
9
09, 2021
Important September Tax Updates
As September rolls around, we want to remind our clients of some important deadlines and an update with Taxpayer Service Center (TSC). 1. 2021 [...]