Now Is The Time For An Estate Plan For Connecticut Taxpayers

Right now, it’s almost impossible to escape the conflict, the noise, and the shaming over various cultural decisions we’re having to make. Lockdowns, schooling, more economic stimulus, elections, vaccines — it’s all enough to drive you crazy if you pay close attention. And here at Emelia Mensa, CPA, because we get to serve families and individuals from every point along … Read More

Emelia MensaNow Is The Time For An Estate Plan For Connecticut Taxpayers

Emelia Mensa EA, CPA, CGMA’s Guiding Principles For Teaching Kids About Money

However you slice it, the schooling situation right now is tough, with no good options. If you are vehemently in favor of full-on school … well, compassion would dictate that you would recognize that others are having more difficulty with that, for caution’s sake or for whatever other reason. Compassion doesn’t mean bullying, as I recall. And if you are … Read More

Emelia MensaEmelia Mensa EA, CPA, CGMA’s Guiding Principles For Teaching Kids About Money

A Strategy For Connecticut Taxpayers With A Higher Than Expected Tax Bill

Taking a look around the world these days, and where things seem to be headed… But our heads are high here at Emelia Mensa CPA because we worked our tails off for our clients this year. We helped a bunch of people save a ton on their taxes — with deductions and strategies they wouldn’t have used had they not … Read More

Emelia MensaA Strategy For Connecticut Taxpayers With A Higher Than Expected Tax Bill

Reflections On The Extended Tax Season By A Local Connecticut Tax Professional

I remember at the end of April 2019 that I felt like it had been one of the wildest tax seasons in memory. The TCJA (“Trump Tax Code”) had thrown a ton of curveballs our way, and we were looking forward to implementing tax planning strategies for our clients with an entire year under our belts. And we did, and … Read More

Emelia MensaReflections On The Extended Tax Season By A Local Connecticut Tax Professional

The End of Tax Season, Estimated Taxes, And Unemployment Compensation by Emelia Mensa EA, CPA, CGMA

I’m still emotionally adjusting to the fact that we just went through 4th of July weekend … and “tax season” is STILL GOING. I’m thankful for it, because I also know that extending the deadline during this wild, intensely difficult year (for so many) was a rare offering of grace from the IRS for taxpayers. Even if it has disrupted … Read More

Emelia MensaThe End of Tax Season, Estimated Taxes, And Unemployment Compensation by Emelia Mensa EA, CPA, CGMA

Emelia Mensa EA, CPA, CGMA’s To-Do List If You Can’t Pay All Your Taxes

Some of our clients are STILL pulling their paperwork — which is understandable during this donkey of a year, and with all of the new complications. But sadly, ye olde IRS isn’t extending any payment grace in a couple weeks. (I say “sadly”, but here at Team Mensa we may or may not be champing at the bit to turn … Read More

Emelia MensaEmelia Mensa EA, CPA, CGMA’s To-Do List If You Can’t Pay All Your Taxes

Why Procrastination Makes Sense in 2020 For Connecticut Taxpayers

We’ve had impeachment votes, worldwide pandemics, quarantine-like lockdowns (for the healthy), public police brutality, widespread protests, and some riots, MURDER HORNETS, statues falling, social media anger and now we have a drunken and murderous monkey to top off our 2020. What’s worse —  the year isn’t even halfway over yet. And there are plenty of other things that we could … Read More

Emelia MensaWhy Procrastination Makes Sense in 2020 For Connecticut Taxpayers

Is Your State Broke? Emelia Mensa EA, CPA, CGMA Analyzes State Tax Revenue Sources

With national events continuing as they are, here at Emelia Mensa CPA, we’re finding ourselves locking into “go mode” … again. It’s unusual for us to be in this mode smack in the middle of June, but this year has not been … usual. This is because the tax deadline (July 15th, 2020) is barrelling at us. Many of our … Read More

Emelia MensaIs Your State Broke? Emelia Mensa EA, CPA, CGMA Analyzes State Tax Revenue Sources

Financial Mindset Management for Our Connecticut Tax Clients

Based on the history of events over the course of the last few decades (both here in Connecticut and beyond), you might have thought that world events would have slowed down in the last week — that there could begin to be some sense of normality. But no. This isn’t a normal time in our nation. It’s not a normal … Read More

Emelia MensaFinancial Mindset Management for Our Connecticut Tax Clients

Which Stimulus Payments Are Taxable (and Which Aren’t) For Connecticut Taxpayers

All over our nation, we’re seeing pain. It’s overwhelming, as someone who has to communicate to a broad base of clients, to even articulate meaningful words about everything that is happening. So … I’m just doing what I can to sit in the pain of it all with my friends, and not try to brush past it. I don’t know … Read More

Emelia MensaWhich Stimulus Payments Are Taxable (and Which Aren’t) For Connecticut Taxpayers