Category Archives: Entrepreneur & Start Up Advisory

Updates relevant to all of our New Haven, Fairfield and Litchfield County Entrepreneur’s and Start Ups.

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

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Connecticut Sales and Use Tax: U.S. Supreme Court Asked Whether Teachers Created Nexus for Mail-Order Bookseller

The Connecticut Commissioner of Revenue Services had asked the U.S. Supreme Court whether an out-of-state mail order company that sells books to teachers and students was liable for sales and use tax deficiency assessments because the teachers acted as the … Continue reading

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ATTENTION: Connecticut manufacturers, you may qualify for this subsidy!!

Came across this subsidy earlier this morning for all that are interested in applying for some state finds for new hires! http://www.ctihub.com/show/paige-rasid/post/192/step-up-(subsidized-training-and-employment-program)–small-ct-manufacturing-businesses-take-note

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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

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

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

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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