Blog
House Hacking Guide for Connecticut Homeowners
There’s a lot going on out there right now as the visible signs of spring begin to emerge. While the birds sing with the morning sun and longer hours of sunshine brighten everyone’s outlook – the whistle of mortar shells continues to echo throughout Ukraine and the...
Emelia Mensa EA, CPA’s Perspective on Tax Filing Extensions
Today’s issue we’re diving into tax filing extensions… and some people do this for all kinds of reasons. Truthfully, extended deadlines and delays have been pretty commonplace in the tax world over the last few years. Sometimes life smacks you in the face and you need...
NFT Tax Implications for Connecticut Investors
While many things are dividing the world right now, it’s good to know people can still unite around shared interests… like college basketball. According to an American Gaming Association (AGA) survey, something like 45 million people planned to wager $3.1...
Tax Identity Theft Protection Tips for Connecticut Taxpayers
Change is sneaky… and (often) sudden, catching the best of us off guard and forcing us to scramble for some steady ground. Just consider the war in Ukraine. We’ve all been surprised by how quickly things have escalated in the last two weeks and by the devastation...
Factors Affecting Connecticut Taxpayers’ 2021 Tax Refund
The world seems to be hanging on a razor's edge.There’s a lot of fear going around with Russia’s invasion of Ukraine last week. With a 24-hour news cycle, a heap of different internet sources, social media feeds, and more, it’s difficult to not give in to it all… and...
Credit Cards: A Money Management for Connecticut Teens Tool
Well, before I jump into money management for teens, let’s focus on the fact that a month has gone by since the beginning of tax season. And boy has it been a veritable whirlwind of activity in the Emelia Mensa, CPA office. We’ve got our arms deep in the returns of...
How to Reduce Taxes in Retirement: Emelia Mensa EA, CPA’s Pro Advice
Before I get into today’s discussion on how to reduce taxes in retirement, let’s talk about the combined excitement of the Super Bowl, the Olympics, and Valentine’s Day that has swept homes and businesses the past week. A surge of football parties, hours cheering on...
Retirement Contribution Tax Deductions for Connecticut Filers
So, I’m not one for constant gloom-and-doom talk, but I do believe in giving it to you straight. And here it is:Things at the IRS are a maelstrom of hot mess. Some very serious voices are sounding the alarm of impending disaster at the agency ... and no one really...
Pros and Cons of Long-Term Care Insurance: Emelia Mensa CPA’s Guide
Before I get into discussing the pros and cons of long-term care insurance, let’s talk about the weather… yeap… the weather.Warm and sunny temps marked the holiday season for most of the US in 2021, ruining visions of a white Christmas. Now, at the beginning of 2022,...
