CT Tax Help Archives - Page 4 of 4

Keep Calm but Know the Options About 401(k) Contributions

Bailey Scarano Blog, Tax & Money Tips / By Bonnie Buol Ruszczyk

The impacts of the COVID-10 pandemic will be felt for years. Employers and employees are both looking for ways to deal with and reposed to the financial stress caused by the cononavirus-induced economic slowdown and market volatility. If your company’s revenue has plummeted, you have to make some difficult financial decisions, including the possibility of eliminating […]

Keep Calm but Know the Options About 401(k) Contributions Read More »

COVID-19 Tax & Business Relief Update

2 Comments / Bailey Scarano Blog, Tax & Money Tips / By Bonnie Buol Ruszczyk

Right now, your highest priority is your health and that of your loved ones, and we wish that all of you stay healthy and safe. But we realize that your next biggest concern may be where money is going to come from to pay your expenses during this pandemic. This is especially true if you

COVID-19 Tax & Business Relief Update Read More »

More Tax Updates and Valuable Information

1 Comment / Bailey Scarano Blog / By Bonnie Buol Ruszczyk

During these uneasy times, all of us at Bailey Scarano wish you and your loved ones the best of health. We want to also remind you of our dedication to provide the highest level of service especially during these tumultuous times when you need us the most. Many of you have already reached out for clarification on

More Tax Updates and Valuable Information Read More »

CT Tax Law Changes Signed into Law with New Budget Bill

Bailey Scarano Blog, Tax & Money Tips / By Bonnie Buol Ruszczyk

When Governor Lamont signed the budget bill earlier this summer, quite a few changes were made to our sales and use taxes. Here is a breakdown of what changed. Exemptions Eliminated: On January 1, 2020, some items currently exempted from sales and use taxes will be taxed, including safety apparel, specified parking spaces, dry cleaning

CT Tax Law Changes Signed into Law with New Budget Bill Read More »

ALERT: It is Time to Adjust Your Withholding!

Bailey Scarano Blog / By Bonnie Buol Ruszczyk

Now that tax season is over and your returns have been filed or extended, it is a good idea to take a look at how much you are withholding and adjust it as needed to accommodate the Tax Cuts and Jobs Act (TCJA). The best course is to adjust your withholding so next year you

ALERT: It is Time to Adjust Your Withholding! Read More »