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What is the American Innovation Act?
Questions abound on how the new tax laws will impact each of us personally and as business owners, and we will be weeding through the information for you in the […]
Read MoreConnecticut Adopts New Sales Tax Nexus Rules
The standard in determining whether a state tax law applies to an activity depends on whether that activity has “substantial nexus” with the taxing state. Previously, physical presence has been […]
Read MoreSteve Moalli Selected as a New Haven’s Finest Honoree by the Cystic Fibrosis Foundation
Bailey Scarano partner, Steve Moalli, was honored at this year’s Cystic Fibrosis Foundation’s New Haven’s Finest event. Steve was selected as an honoree for being a distinguished young professional that demonstrates strong leadership skills, […]
Read MoreThe 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 […]
Read More2018 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, […]
Read MoreProtect 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 […]
Read MoreConnecticut 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 […]
Read MoreAlan 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 […]
Read MoreBailey 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 […]
Read MoreInternal 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 […]
Read MoreBailey 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. […]
Read MoreSteve 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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