If you are an entrepreneur and have heard about the qualified business income deduction (also called Section 199A), you may be asking yourself if it could help you to save on taxes. Many business owners, or prospective business owners have a desire to form an LLC because it can save money on taxes. It is […]
Last tax season, many taxpayers found it to be more beneficial to take the standard deduction and forgo itemized deductions due to tax law changes. Then again, some felt their expenses exceeded standard deduction amounts. This year, we advise all taxpayers to take a hard look at their expenses to determine whether taking a standard […]
Hartford, CT (December 16, 2019) – Channel 3 interviews Partner Ken Kron to discuss the five things you need to know for year end tax planning. Read Full Article
Where did 2019 go? It feels like we just finished filling out our 2018 tax returns and now it’s almost time to do the same for 2019. Are you ready? Is your business? To help you begin planning for tax season, we have compiled comprehensive documents for individuals and businesses: Year-End Tax Planning for Businesses […]