Tax & Money Tips

The Connecticut State Capitol building houses the Connecticut General Assembly; the upper house, the State Senate, and lower house, the House of Representatives, as well as the office of the Governor of the State of Connecticut.

How Connecticut’s 2026–2027 Budget Impacts Small and Mid-Sized Businesses

Connecticut’s recently passed $55.8 billion biennial budget brings a mix of financial shifts, modest tax changes, and regulatory reforms that will impact businesses across the state. While it avoids broad-based tax increases, the plan leans on extended corporate surcharges, delayed pension contributions, and borrowing to balance the books. Here’s what small and mid-sized business owners

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Top 5 Financial Red Flags That May Signal Internal Fraud

Don’t let small discrepancies turn into big problems. Internal fraud can quietly drain your company’s finances, damage trust, and disrupt operations often before you even realize something is wrong. For small and mid-sized businesses, especially those in Connecticut where lean teams often wear multiple hats, early detection is critical. Here are five financial red flags

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Health care costs. Stethoscope and calculator symbol for health care costs or medical insurance

What 2026 HSA Limit Increases Mean for Small and Mid-Sized Businesses

The IRS recently announced the 2026 inflation-adjusted Health Savings Account (HSA) contribution limits. While these may appear as simple line items on a compliance checklist, they present important financial planning opportunities for both business owners and employees. Understanding how these updates can impact your bottom line, employee satisfaction, and even customer spending habits is essential,

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The businessman in ponzi scheme concept

Ponzi Schemes Are Back in the Spotlight

In times of economic instability, not all threats come from shrinking demand or rising costs. Some are far more deceptive, and potentially far more devastating. As the likelihood of a recession increases and financial uncertainty spreads, one type of fraud is making a dangerous comeback: Ponzi schemes. These schemes may not make headlines like they

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business person sitting at a desk at an office By using the calculator to work. Business Concept Analysis and Planning

Why Positive Cash Flow Doesn’t Always Mean a Healthy Business

When there’s money in the bank, it’s easy to assume your business is on the right track. You’re paying the bills, making payroll, maybe even investing in new equipment or growth opportunities. But here’s a hard truth: positive cash flow doesn’t always mean your business is profitable. In fact, many small and mid-sized businesses run into

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stressed man dealing with scam

New IRS Guidance Offers Relief for Scam Victims

As a business owner, you’re no stranger to protecting your assets. But outside the walls of your company, personal finances can still be vulnerable, especially with financial scams becoming more sophisticated and widespread. Whether you’ve personally been affected or know someone who has, recent IRS guidance provides a possible path to recoup losses from certain

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AI vs. Your Accountant: Why Business Owners Need Real Expertise

Artificial Intelligence (AI) is changing how we work, search, and manage everyday tasks. From chatbots answering customer service questions to tools that summarize articles or suggest tax strategies, AI is starting to look like a one-stop shop for business help. But when it comes to your company’s financial future? Relying too heavily on AI could

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