Tax & Money Tips

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 โ€œsubstantial nexusโ€ with the taxing state. Previously, physical presence has been used as the standard in determining economic nexus with a state. However, on June 21, 2018, in the case of South Dakota v. Wayfair, the

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Protect 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 IRSโ€”whether by phone, email or even in personโ€”is quite common, and costs innocent taxpayers time, money and security. However, there are some things to keep in mind to protect you

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Internal Report of the IRS Is In – How Did They Fare?

Did you know the IRS has an internal Taxpayer Advocateโ€™s office, whose mission is to review processes and recommend ways to improve tax laws and systems? Itโ€™s good to know there are some serious internal reviews happening, and we hope theyโ€™ll lead to improvements. In a recently released report, the advocates identified areas for improvement

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