Tax-Saving Tips
This month we have more tax-saving tips that you may be able to implement to reduce your tax liability.
Did you sell CT residential property for more than $2.5 Million?
Certain CT state residents who sold a home in 2021 or later for more than $2.5 million may claim a tax credit against their state
Tax Guide to Deducting Long-Term Care Insurance Premiums
Deducting Long-term Care Insurance Premiums Long-term care costs can be substantial, and neither Medicare nor Medicaid provide comprehensive coverage for most people. Long-term care insurance
Smart Solutions That Decrease Social Security and Medicare Taxes
Decrease Social Security and Medicare Taxes Here are some important updates and strategies regarding Social Security and Medicare taxes that may significantly impact your business.
What Happens When You Die and Your S Corporation Owns the Rental?
Own an S Corporation with a Rental? You may own an S corporation with a rental property as its sole asset. A common concern with
Avoid the Hidden Dangers of the Accumulated Earnings Penalty Tax
Hidden Dangers of the Accumulated Earnings Penalty Tax If you run your business as a regular C corporation, beware of the accumulated earnings penalty tax.