Aug 18, 2022 | News
SCORE Southeastern CT to Host Free Q & A Panel on “Small Business Loans: Issues and Options” Sponsored by Liberty Bank Contact: Anne Driscoll, anne.driscoll@scorevolunteer.org DATE: Monday, September 12, 2022 TIME: 12:00...
Aug 10, 2022 | News
COVID-19 Economic Injury Disaster Loan (EIDL) deferment periods are approaching an end. As such, business owners must start preparing to make payments. The following are key points and resources for all COVID EIDL borrowers. COVID Economic Injury Disaster Loans are...
Aug 10, 2022 | News
Governor Lamont recently announced the launch of a $150 million loan program for Connecticut small businesses and nonprofits. The result of an innovative public-private partnership, the Connecticut Small Business Boost Fund is designed to help small businesses and...
Apr 16, 2020 | News
There are so many opportunities for loans and or grants for small businesses affected by Covid19 but where can you find out about the available funding, who can tell you if you qualify, who can help you with the application process? The following is a list of...
Aug 7, 2018 | News
The Tax Cuts and Jobs Act, TCJA enacted in December 2017 expands the number of small business eligible to use the cash method of accounting and exemptions businesses may qualify for; such as exemptions from certain accounting rules for inventories, cost capitalization...
Aug 3, 2018 | News
The IRS would like to remind business owners of the various resorces available to help them understand and answer questions regarding the Tax Cut and Jobs Act that passed in December of 2017. Many areas of the tax law have changed, including some that affect...
May 23, 2018 | News
The IRS is strongly encouraging taxpayers who typically itemize deductions to preform a “paycheck checkup” by using the Withholding Calculator to ensure their employers are withholding the approprate amount of tax from their paychecks. The Tax Cuts and...
Feb 17, 2017 | News
The Internal Revenue Service has published a summarized “Dirty Dozen” list of tax scams. The list highlights the various tax scams taxpayers may encounter throughout the year, but especially now during tax season. The IRS is working hard to protect...
Nov 23, 2016 | News
A federal judge has delayed implementation of a new U.S. Department of Labor rule to expand overtime protections to millions of workers. U.S. District Judge Amos Mazzant of the Eastern District of Texas deciced Tuesday that a rule put forward under the Obama...
Oct 28, 2016 | News
Ever wonder what is Key Person/Key Man (as it is sometimes called) insurance and why lenders often require it? Essentially key insurance is a life insurance policy on the key person involved in the business, in most cases it is the business owner. If you the...
