E-filing your tax return means submitting your tax returns electronically as opposed to mailing a paper copy of your return to the taxing authorities. In 2020, approximately 95% of returns were e-filed and that value is only expected to increase in 2021. In fact in...
If you are a business owner who has worked with subcontractors or freelancers, you’ve been using Form 1099-MISC to report your payments. Starting with the 2020 tax filing season, that will no longer be the case. Instead, you’ll now be filing Form 1099-NEC. WHAT ARE...
The Department of Economic and Community Development has created a $50 million grant program to aid eligible applicants with a one-time $5,000 grant. So if you own a small businesses or a non-profit in Connecticut, keep reading! Do I qualify? You can receive the grant...
How do you feel about budgeting? Does the mere word make you nervous? You’re not alone. Most business owners find managing their money to be a daunting task. But it doesn’t have to be! Let’s breakdown the process of budgeting into 5 easy steps. Categorize Your Income...
The coronavirus pandemic has no doubt turned our world upside down. While it seems that life as we know it has changed, one aspect of life hasn’t – the prevalence of scammers. And as times get harder, victims will become more and more vulnerable to their...
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