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The Top 5 Habits of Successful People

The Top 5 Habits of Successful People

“When you want success as badly as you want air, then you will get it.  There is no other secret of success.” – Socrates. Was Socrates correct?  Life would be great if you all you had to do were to just wish hard to achieve success.  If that were true...

Tax Season Checklist

Tax Season Checklist

Spring is here so tax day is near! Here are some tips to help you get on the path to filing: Give us your tax documents. It is imperative that we receive your tax information as soon as possible in order to actually file your return or even to file an extension! To...

The NEW Form 1040

The NEW Form 1040

Yes, your tax return is going to look a bit different this year. Fortunately, the changes aren’t too drastic, so there is no need to panic. But to ease your mind, we’ve compiled a brief summary of the changes for you to read below. What Hasn’t Changed? The basics,...

Why E-Filing?

Why E-Filing?

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 2018, over 90% of returns were e-filed and that value is only expected to increase in 2019. In fact in...

Connecticut’s New Pass-Through Entity Tax

Connecticut’s New Pass-Through Entity Tax

The state of Connecticut recently enacted a new tax on pass-through entities that WILL affect S-Corporations and Partnerships. But rest assured, this new tax has your long term interests in mind. The Tax Pass-through entities that do business in Connecticut must now...

How to Avoid the Kiddie Tax after Tax Reform

How to Avoid the Kiddie Tax after Tax Reform

If your family has trouble with the kiddie tax, you’ll be facing some new wrinkles for tax years 2018 through 2025 thanks to the Tax Cuts and Jobs Act (TCJA) tax reform. For 2018–2025, the TCJA tax reform changes the kiddie tax rules to tax a portion of an affected...

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