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The How and When of Retirement Savings
Many people spend upwards of 20+ years in retirement, but most don’t have nearly enough money saved to get them through a time that should be filled with enjoyment, not […]
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2018 Alan P. Bailey and Michael J. Schaefer Memorial Accounting Scholarship Awarded to Branford High School Graduate
Britney Bunbanlu (shown left)—a 2018 Branford High School graduate—is this year’s recipient of the Alan P. Bailey and Michael J. Schaefer Memorial Accounting Scholarship. The scholarship—which was established in 2016, […]
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Protect Yourself and Your Business from IRS Scams
It can be difficult to decipher legitimate communications from scams these days, especially when it comes to your taxes and finances. Unfortunately, criminals impersonating the IRS—whether by phone, email or […]
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Connecticut Pass-Through Entity Tax
On May 31, 2018, Governor Dannel Malloy signed Public Act 18-49, which is a bill that responded to the Federal Tax Reform Legislation passed in December 2017. The Federal Tax Reform […]
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Alan P. Bailey and Michael J. Schaefer Memorial Accounting Scholarship Awarded to Branford High School Graduate
Earlier this year, Colleen Visnic, a 2017 graduate of Branford High School, was awarded the Alan P. Bailey and Michael J. Schaefer Memorial Accounting Scholarship. Colleen is now a freshman […]
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Bailey Scarano Participates in Steven J. Suzio Memorial Event
On June 8, 2017, Bailey Scarano partners Michael Bailey, David Bailey and Andrew Errato once again had the pleasure of participating in the Steven J. Suzio Memorial Golf Tournament. Now […]
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Internal Report of the IRS Is In – How Did They Fare?
Did you know the IRS has an internal Taxpayer Advocate’s office, whose mission is to review processes and recommend ways to improve tax laws and systems? It’s good to know […]
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Bailey Scarano Celebrates 2016 Achievements
As 2016 came to an end, our team at Bailey Scarano celebrated another successful year with a festive holiday dinner at Goodfellas Restaurant, with family and friends joining the festivities. […]
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Steve Moalli Named Partner at Bailey Scarano
We are pleased to announce the appointment of Steve Moalli as Partner in Bailey Scarano. Steve joined our firm in 2007 and held the position of Manager and then Director […]
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Bailey Scarano at The Big Connect
Our Dominic Scarano and Christine Gromala welcomed visitors to the Bailey Scarano booth at The Big Connect, held November 17 at the Toyota Oakdale Theatre in Wallingford, CT. Produced by the […]
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Research & Development Credit Better than Ever for Businesses
Starting in 2016, companies can offset R&D credit against payroll taxes. Even if the business doesn’t have any income tax liability, you can still use the credit to get refunds against for up to $250,000.
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Bailey Scarano: 100-Year-Old Accounting Firm Gets New Name
On November 1, 2016, Bailey Murphy + Scarano became Bailey Scarano. This new name reflects our past, our growth, and our success as a firm. The Bailey family has been providing […]
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