Taxes, taxes, taxes -- they are a part of life that no one can escape. Connecticut residents who are business owners have to pay a slew of taxes, including sales tax on the items that they sell. How exactly does sales tax filing work?According to the Connecticut...
As a Connecticut business owner, one of the surest ways to find trouble with the IRS is through mistakes in payroll deductions. Laws regarding the deduction and payment of taxes from employee paychecks is complicated and easy to misinterpret. However, some employers...
Numerous Connecticut residents find themselves in the position of owing far more in taxes than they can actually afford. When this happens, they may feel overwhelmed and just opt to wait to pay their income tax when they have all the money on hand to do so. This is...
Business owners will do what they can to limit their tax liability. In doing so, some may make mistakes that could cost them dearly in the end. Recently, the owner of Pasquale Furano Landscaping -- a 48-year-old male -- recently opted to enter a guilty plea rather...
Those who seek professional help during tax season may believe that their tax preparer is the only person they will need to turn to in the event of an audit. While it is the tax preparer's job to defend whatever he or she did, resulting in the audit, there may be...
Every year, you've completed your taxes to your best ability. You've either taken on the role of tax preparer yourself or you turned to a trusted individual to get everything filed for you. Your returns were accepted with no problem, and you paid or received a refund...