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...
Sep 21, 2016 | Events
Don’t wait for a disaster to strike to make a plan. In conjunction with National Preparedness Month the U.S. Small Business Administration (SBA) and Agility Recovery have put together a series of free webinars that will help you develop a recovery plan, how...
Sep 16, 2016 | Events
September is National Preparedness Month. Natural disaters are not the only diasters a small business owner should be prepared for. The Southeastern Connecticut and the New York Metro Chapter of SCORE will be hosting a free webinar on Wednesday September 21, 2016...
Sep 7, 2016 | Events
SECTER, Chamber of Commerce Eastern Connecticut and the Business Councile of Fairfield County are hosting a free event at the Mystic Aquarium on September 27, 2016 from 6:30-8:30 pm. This event is for small and diversity suppliers in Connecticut and will focus on a...
Aug 26, 2016 | News
The U.S. Department of Labor on Thursday published a final rule that assists states in creating individual retirement account (IRA) programs for workers without access to such workplace perks and Connecticut is pleased to see it, the state’s comptroller said....
