Our Blog

Filter By Category:

1040 stamped overdue

That Balance Due Notice from IRS May Be Incorrect

August 1, 2022

Have you received a balance due notification from the IRS? If so, you may not owe anything after all. The IRS recently admitted that some married couples received erroneous balance […]

Read More
Laptop screen with rate increase concept

How Will Higher Interest Rates Impact Small and Mid-Sized Businesses

July 28, 2022

You can’t go anywhere these days without hearing about inflation. In simple terms, it is caused when we have too little supply to meet increased demand for goods and services. […]

Read More
small business loans

New Small Business Loan Program in Connecticut

July 27, 2022

Are you a business or non-profit with fewer than 100 full-time employees? You may be eligible for a loan from the new Connecticut Small Business Boost Fund. Announced by the […]

Read More

Treasury Department Aims to Upgrade IRS IT

July 13, 2022

It is pretty hard to do any of our jobs without the proper technology. This is especially true for the IRS, the agency responsible for collecting taxes which ultimately funds nearly […]

Read More

2022 Tax Scams Identified by IRS

July 13, 2022

If it seems too good to be true, it probably is. This adage rings especially true for tax scams. Recently, the IRS began its “Dirty Dozen“ list for 2022, which includes potentially […]

Read More
stacks of paper

IRS Catching Up on 2021 Returns

July 10, 2022

The IRS recently announced that it has nearly caught up on a key group of individual tax returns filed during 2021, and business paper returns filed in 2021 will follow […]

Read More
Gender wage pay gap concept

Pay Equity Requirement for New York Contractors

June 23, 2022

If your company does business with New York, there is a new law that could impact your likelihood of winning work. Like many states and municipalities, New York (both City […]

Read More
city in storm

Do You Have a Disaster Recovery Plan?

June 10, 2022

How hard would it be for you or your business to recover if you are hit by a natural – or even man-made – disaster? How long would it take […]

Read More

Mileage Rates Increases Again

June 10, 2022

Back in January, we notified you of the 2022 increase in mileage rates to 58.5 cents per mile for business use. But as gas prices have continued to rise in […]

Read More
piles of paper

More Businesses Need to E-File

June 8, 2022

A recent report by the Treasury Inspector General (IG) for Tax Administration focused on the need for the Internal Revenue Service to expand its electronic filing capabilities to better manage […]

Read More
Family of 3 kids playing together outside, big sisters taking care of baby brother

2022 Connecticut Child Tax Rebate

June 3, 2022

The Connecticut General Assembly recently authorized a child tax rebate of $250 per child with a maximum of $750 to help families with children. To be eligible, you must meet […]

Read More
checking mailbox

Letters Sent to Taxpayers Missing Qualified Opportunity Fund Information

May 25, 2022

Did you invest in a Qualified Opportunity Zone Fund (QOF) in 2021? If so, you may have received, or may still get, a letter from the IRS if you need […]

Read More
Scroll to Top