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What the IRS Shutdown Means for Connecticut Businesses
Key Takeaways Nearly half of IRS employees were furloughed on October 8, 2025, as the government shutdown entered its second week. The agency continues to process electronic filings and payments, but most […]
The IRS Has Gone Paperless
Key Takeaways Paper refund checks are history. As of September 30, 2025, the IRS began phasing out paper refund checks in favor of electronic payments, making refunds faster, safer, and […]
The Roth Catch-Up Rule: What Business Owners Should Know
Key Takeaways Roth-only catch-ups begin in 2026. Under the SECURE 2.0 Act, employees earning more than $145,000 will be required to make all catch-up contributions to a Roth account, meaning taxes […]
Don’t Fall for Fake Tax Advice
Key Takeaways The IRS is cracking down on bad tax advice. Connecticut business owners should be cautious of social media “hacks” and AI-generated tips which can lead to rejected claims, […]
Five Year-End Tax Strategies Every Connecticut Business Should Consider
As summer winds down, these final months give business owners a chance to do more than close the books; they provide an opportunity to reduce taxes, strengthen cash flow, and […]
The Hidden Costs of Misclassifying Workers in Connecticut
For small and mid-sized businesses, every decision about payroll and staffing carries extra weight. One area that often gets overlooked, but can cause major headaches down the road, is worker […]
Smart Benefits: Balancing What Employees Want with What the IRS Allows
Attracting and keeping great employees is tougher than ever. Competitive pay is important, but it’s no longer enough on its own. Today’s workers, especially younger generations, want benefits that support […]
Should You Still Be an S Corp?
The S corporation has long been a favorite structure for small and mid-sized business owners, and for good reason. It offers liability protection, avoids double taxation, and can reduce self-employment […]
Budgeting for Connecticut’s Paid Sick Leave Expansion
Connecticut has started phasing in major changes to its paid sick leave law, and for small business owners, this is not something to put on the back burner. Previously, Connecticut’s […]
New Retirement Plan Proposal Raises Questions About Risk, Fees, and Transparency
A recent executive order has put a spotlight on potential changes to retirement plan rules, specifically the possibility of allowing private equity investments in 401(k) plans. While this may sound […]
One Bill, Many Impacts
The budget reconciliation bill passed the House on July 3 by two votes, and it packs a wide range of tax changes. While many of the headlines focus on large-scale […]
Where’s the Cash?
You’re generating solid revenue. Business is steady. But when it comes time to cover payroll, pay bills, or make a key investment, you’re short on cash. Sound familiar? This disconnect […]