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Jay Rasmus Featured on Channel 3’s Money Monday Segment

Hartford, CT (September 28, 2020) – On Channel 3’s Money Monday, Partner Jay Rasmus shares the three things people should know about the Federal Reserve’s plan for low interest rates in efforts to...

5 Tech Trends for the Next Decade

5 Tech Trends for the Next Decade

Without doubt, technology has profoundly changed how business works. Its influence is everywhere, from smart homes to business operations, and the next decade will only continue to add new ways technology...

2020 401(k) Contribution Limit Changes

2020 401(k) Contribution Limit Changes

Every year, the IRS takes a fresh look at contribution limits and makes changes as they see necessary. Below are some of the more significant changes for the 2020 tax year you should be aware of: 1....

Charitable Gifts: Getting the Paperwork Right

Charitable Gifts: Getting the Paperwork Right

If you offer gifts or money to qualified organizations eligible to receive tax-deductible charitable contributions, you must have a bank record or written communication from the charity for any monetary...

Do You Need Interruption Insurance?

Do You Need Interruption Insurance?

Depending on business size, interruption insurance policy costs could range from $750 to $10,000 or more. If you have passed on insurance due to cost, consider this: Today there are a greater number of...

401(k) and IRA Contribution Limit Increases in 2019

This year, The IRS has announced cost of living adjustments that will affect dollar limitations for pension plans and other retirement-related items for the 2019 tax year. This article breaks down these...

Know The Advantages of S Corporations

Know The Advantages of S Corporations

S corporations are entities that can pass corporate income, losses, deductions and credits through to shareholders for federal tax purposes. This article will outline the advantages and considerations you...

Capital Gains and Losses: How Do They Work?

Capital Gains and Losses: How Do They Work?

A capital gain is a profit, made when you as an individual or business sell a capital asset such as investments or real estate for a higher cost than its purchase price. A capital loss is incurred when...