As of Wednesday February 9, 2022 the Town of South Windsor has lifted it's indoor mask mandate. If you are unvaccinated you must wear a face mask to enter our office. Please call (860) 648-4002 for further information.
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Delayed tax refunds, penalties for not filing 2020 tax returns on time that were actually filed on time, and timely tax payments being flagged as late are just some of the headaches taxpayers are grappling with due to a massive backlog of several million unprocessed tax returns the IRS is trying to wade out from under.
According to a recent Deloitte survey, 91 percent of people agree to terms and conditions without reading the legal agreement. While reading through legally complex language may be slow and painful, it’s more important than you think. Here are four reasons why reading entire legal agreements make sense:
With careful tax planning, you can use the kiddie tax rules to reduce your tax obligation. Here’s what you need to know.
Interest rates are expected to increase this year in response to inflation that is running at a 40-year high. How will you be affected?
Any interest rate revision can cause a ripple effect throughout the economy. Accordingly, the Federal Reserve’s actions probably will exert at least a moderate influence over financial choices that you may make at home and in your business in 2022 and beyond.
Wages and self-employment earnings are taxable, but what about the random cash or financial benefits you receive through other means? If something of value changes hands, you can bet the IRS considers a way to tax it. Here are five taxable items that might surprise you:
Home-based businesses can be financially rewarding and provide a certain amount of flexibility with your day-to-day schedule. Here are some tips to keep your business running at full steam.