In response to the Federal “Tax Cuts and Jobs Act”, and its limitation on the deductibility of State and Local Taxes, the State of Connecticut legislature passed, and the governor signed a bill on May 31, 2018, that changes the Connecticut taxation of partnerships (including multi-member LLC’s) and S-Corporations (pass-through entities).  Effective for tax years beginning.. read more →

14 Jun 2018
June 14, 2018

How OSHA Can Affect Your Business

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The Occupational Safety and Health Administration was established within the Department of Labor and authorized to regulate health and safety conditions for all employers. (Similar state agencies may augment or supplant OSHA.) OSHA was created to: Encourage you and your employees to reduce workplace hazards and implement or improve existing safety and health standards. Provide.. read more →

14 Jun 2018
June 14, 2018

Steps to Choosing a Charity

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Before you open your checkbook, volunteer your time or even open that mail from another charity, you need to clarify your values: What’s important to you? Your neighborhood? Region? The nation? The globe? Do you want to support a large or small charity, a new or old one? Your next step is to find charities.. read more →

Depreciation of tangible property — buildings, machinery, vehicles, furniture and equipment, even cell phones — as well as intangible property, such as patents, copyrights and computer software, in some situations, is allowed by the IRS and can be used to offset income from your business. Does your property meet these requirements? You own the property… read more →

07 Jun 2018
June 7, 2018

How to Challenge Property Taxes

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Has your property tax bill increased significantly? Do you think you may have grounds for an appeal, particularly if the increase seems out of line with overall appreciation in your area? Property tax rules and policies are local, but in general, you have 90 days after you receive a new assessment to appeal in most.. read more →