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Do you own multiple businesses?
It is not uncommon for business owners to have multiple streams of revenue, often because they have more than one business entity. For those that do, there was a lot […]
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Do I Need to Keep This?
The latest Netflix hit has gotten a ton of press lately, probably because most of us have way more “stuff” than we need. In Tidying Up, Maria Kondo helps people […]
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The IRS Severely Impacted by the Government Shutdown
I’m sure many of us have fantasized about the IRS closing down at one point or another, but the reality is not the tax-free party we visualized. Down to approximately […]
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2018 Tax Changes at a Glance
As we’ve mentioned before, the Tax Cuts & Jobs Act was one of the most sweeping tax law changes in many years. While there are still questions that need to […]
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Scam Alert for Connecticut LLCs
CTCPA members are reporting that they and their clients organized as Limited Liability Companies (LLCs) are receiving a form requiring payment of a “$110 annual report fee” relative to a […]
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Celebrating Joy at this Time of Year
When you think about it, those of us that work full-time spend more of our hours at work than in any other single place. Shouldn’t that environment be comfortable, and […]
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Welcome Tammy Lamb
Tammy Lamb is a Supervisor at Bailey Scarano with over 20 years of specialization in the Credit Union industry for which she does financial statement audits, supervisory committee exams, member […]
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Are You Withholding Enough?
Is that extra money in your paycheck going to come back and bite you when you file your taxes? While we know on a logical level that we should […]
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News from the IRS on 2019 tax year adjustments
The IRS recently posted some detailed information on what to expect for your 2019 taxes to be filed by April 15, 2020. We have put the contents of that post […]
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Are you in for a tax surprise?
Tax law is confusing. When sweeping changes happen, like the Tax Cuts & Jobs Act, it is difficult to know how it will impact you and your business. We get […]
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Managing Your Business’ Bottom Line
by Dominic Scarano Jr. CPA, CGMA I had the pleasure of speaking at the Better Business Summit presented by the Connecticut Better Business Bureau in Cromwell in October. Since this […]
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What is the Family Savings Act of 2018?
Earlier this month, we gave an explanation of the American Innovation Act, one of three bills that passed the House on September 27 and will go to the Senate for […]
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