Taking Care of Your Heirs

Many people find it hard to come to terms with their own mortality, which can make transitioning wealth from one generation to the next very difficult. But putting it off, and worse still, not dealing with it, can be one of the worst mistakes we can make. Death is not...

S Corporations — Know the Advantages

S corporations are entities that can pass corporate income, losses, deductions and credits through to shareholders for federal tax purposes. Shareholders report the flow-through of income and losses on their personal tax returns and are assessed a tax at their...

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 — investments or real estate, for instance — for a higher cost than its purchase price. A capital loss is incurred when there’s a decrease in the capital asset value...

Staffing Update – April 2019

William Norling of Monroe, Connecticut has joined the Firm as a Staff Accountant in the Accounting and Auditing Department. William earned a Bachelor of Science Degree in Business Administration with a Concentration in Accounting from Southern Connecticut State...