Blog
A Step-by-Step Guide to Business Loans
Ever feel like the whole world is taking a summer vacation except you?That’s real: Small business owners can’t always afford to step away from the helm to take those long, glorious vacations you see on social media (maybe beach and Europe photos are already popping up...
Chapter 11 Bankruptcy: A Fresh Start Option for Connecticut Business Owners
No one ever really anticipates getting mired in debt in their business. Whether through outside circumstances or business decisions that didn't quite work out, it happens.Lots of business owners find themselves in a difficult place right now trying to figure out a way...
New FinCEN Reporting Requirements for Connecticut Businesses (Part 2)
Memorial Day doesn’t always mean rest for the small business owner — depending on what kind of industry you’re in.There’s often a lot of hustle around national holidays (special promotions, big sales, holiday weekend shopping). And debt ceiling deals to make,...
Navigating Bank Failures in Your Connecticut Business Right Now
Memorial Day is next week. The unofficial start of summer.I like to remember that when things are unpredictable and even a bit hairy (like a shifty economy, bank failures, debt ceiling crisis), normal life still goes on. People will still prep their grills....
Back to Basics with Your Connecticut Small Business Taxes
Starting a business is an exciting (and scary) step. Initially, you were equipped with a vision, some basic business know-how, and a plan. You also likely understood that you had tax obligations (you’re a taxpayer after all). However… having a general idea...
How the Bank Crisis Affects Connecticut Business Owners
Now, I know that I recently started talking about the new FinCEN reporting requirement and promised a part two… which I’ll absolutely get to in an upcoming blog.But this time I wanted to take the opportunity to speak about the banking “crisis” that has a lot of...
Paying off IRS Debt with a Loan: Guidance for Connecticut Debtors
Feeling stressed about your tax debt? You’re not the only taxpayer in that boat. According to U.S. News, 1 in 5 Americans with tax debt feel “extremely stressed” right about now. And who can blame you for feeling this way? Rising costs over the past year have...
Mensa’s Best Practices for Terminating an Employee
We’ve all got a bit of FOMO about FOMC’s (Federal Open Market Committee’s) big meeting this week, waiting to see if yet another interest rate hike will be coming. Most indicators say likely.Since March 2022, there have been NINE such increases to interest rates...
Keeping Tax Records: Connecticut Small Biz Edition
If you’re doing the books, juggling the hiring, navigating supply problems, delivering work to clients, and thinking about big-picture items for the year … you might be a small business owner.If you’ve got a lot on your mind and more gets added daily? You might be a...