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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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Connecticut 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 […]
Steve 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, […]