Category Archives: Construction Contractor Advisory

Updates relevant to all of our New Haven, Fairfield and Litchfield County Construction Contractors.

ATTENTION! FREE SMALL BUSINESS ACCOUNTING SOFTWARE!!

Let me start by saying I do not get any payment or any form of compensation for “endorsing” accounting software or anything like that, I am just an avid user of MANY different types and came across this and was … Continue reading

Posted in Accounting, Construction Contractor Advisory, Entrepreneur & Start Up Advisory, Law Practice Advisory, Small Business | Leave a comment

Employee or independent contractor? Now an even bigger risk!

With unemployment on the rise, State labor departments are cracking down on the misclassifications of contractors that should in fact be employees as outlined by state law. State labor departments are now going one step further and working collaboratively with the IRS … Continue reading

Posted in Construction Contractor Advisory, Entrepreneur & Start Up Advisory, Law Practice Advisory, Small Business, Tax | Leave a comment

CT Sales Tax Increased to 6.35% 7/1/11!!

Effective 7/1/11 the CT sales tax has been increased to 6.35%!

Posted in Construction Contractor Advisory, Entrepreneur & Start Up Advisory, Law Practice Advisory, Small Business, Tax | Leave a comment

Is your luxury car deductible?

Answer: It depends Let us look at two court cases: In R.J. Denison, 36 TCM 1759 a securities investment advisor who operated as an S- Corporation was allowed his deductions for a chauffeured luxury automobile. However, in David M. Connelly … Continue reading

Posted in Construction Contractor Advisory, Entrepreneur & Start Up Advisory, Family Offices & Multi-Family Offices, Law Practice Advisory, Small Business, Tax | Leave a comment