Are you newly married? Or maybe you’ve been married for a few years, but you noticed that your taxes have been sky high? Then it may be time to change your tax filing status. Married Filing Jointly (MFJ) This filing status means you and your spouse file one return...
It’s March and you’ve already filed your taxes. What a relief! That is…until…you receive a letter from the Internal Revenue Service in the mail. So how can you avoid that uneasy feeling that comes with making a mistake on your tax return? Here are 3 ways to solve...
Have you made any payments to the Connecticut Department of Revenue Services (DRS) this year? Did you make those payments by check? If so, you will have to change the way you make some tax payments. How to Pay The DRS now requires all forms and payments for...
Are you stunned by how much you owed in taxes this year? If so, it may mean that your withholding needs to be adjusted. Withholding is the amount of federal income tax that your employer withheld from each of your paychecks. When not enough tax is withheld, taxpayers...
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...
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