The due dates for the estimated tax payments for the year 2024 are as follows: You can generally avoid an IRS penalty for underpayment of estimated taxes if you pay at least 100% of the tax shown on your return … Read More
First, we’d like to sincerely thank you for considering us for your tax preparation and/or accounting needs. We know you had a lot of choices and we’re excited to have the opportunity to work with you. At our firm, we … Read More
MyCTSavings is a retirement savings program established by the State of Connecticut to provide private-sector employees, who do not have access to an employer-sponsored retirement savings plan, with a convenient way to save for retirement. Here’s a detailed overview of … Read More
We get this one a lot and it is a great question. Unfortunately, the answer is most likely no. The rules regarding the deductibility of unreimbursed job-related expenses for W-2 employees had changed due to tax law changes. The … Read More
With all of the recent changes to the tax code as part of the 2019 tax reform plan, it’s no surprise that many folks have a lot of questions. Northern Business Solutions strives to not only stay ahead of changes … Read More