Do You Have to File an Information Return?

If you engaged in certain financial transactions during the calendar year as a small business or self-employed (individual), you are most likely required to file an information return to the IRS. Below are some of the transactions that you have to report. Services...

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To Lease or to Buy — That Is the Question

Businesses looking to acquire assets in the most cost-effective way must weigh the pros and cons of leasing versus buying. Small businesses, especially, often favor leasing equipment as an alternative financing arrangement to acquire the use of assets without having...

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24th Annual Holiday Giving Campaign

Our employees have big hearts! Donations were made and over $660.00 was raised to participate in Team Inc.’s Toys 4 Kids holiday toy drive program. TEAM Inc., is a national leader in not-for-profit management and program performance in the field of human services,...

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Scam Alert for Connecticut LLCs

A new year often brings a new scam.  We have been notified of a new scam targeting Connecticut LLCs.  A form entitled “2018  - Annual Report Instruction Form (Connecticut LLCs”) sent via U.S postal services’ regular mail comes from Workplace Compliance Services, a...

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The New Sales Tax Landscape

Economic nexus is an encompassing term for how a state determines a connection between itself and a taxpayer, enabling them to impose a tax. Over the course of the last year, the guidelines of economic nexus have rapidly expanded in terms of where and how states can...

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New Hire Reporting: Are You In Compliance?

The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA) is a federal law that requires employers to report specific information on new hires and rehired employees to the state. Generally, all new employees and rehires who are required...

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DHL&S’s Annual Thanksgiving Food Drive

DHL&S’s Annual Thanksgiving Food Drive once again donates boxes of food and Stop & Shop gift cards to BHCare, a nonprofit agency that provides behavioral health, prevention and domestic violence services that improve the lives and health of individuals,...

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