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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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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.
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 […]
A Joyous Day at Special Olympics Event
On September 10, staff members from Bailey Murphy + Scarano had the pleasure of volunteering at Special Olympics Connecticut’s “2016 Unified Sports Fall Festival”, held at the CT Sportsplex in North Branford. One of several events statewide, […]
IRS Scammers Expand Tactics – Beware!
We often remind clients to ignore phone callers who say they are calling from the IRS. The IRS does not contact people by phone, only by mail. However, now criminals have figured out a way to scam people with fake IRS tax bill notices sent by mail or email.
Bailey Accounting Firm Reaches 100 Years in Business
Respected accounting firm Bailey, Murphy + Scarano, LLC is celebrating 100 years of providing a wide range of accounting services to businesses and individuals throughout the United States.