Blog
Real Estate BRRRR Strategy Pros and Cons for Connecticut Investors
Before I discuss the real estate BRRRR strategy, let’s talk about a current pressing topic that’s going to fuel investment talk. With numbers released last week, one thing is very obvious: inflation is here, and it is a problem for most taxpayers.At least for now.I...
Emelia Mensa EA, CPA’s Take on Paying Off Your Mortgage Early
We are for sure seeing a "turn signal" of sorts around here as 2022 barrels its way onto the horizon.How about you? Are you beginning to start thinking about next year? The turn of the seasons means a lot of different things to many people, but it seems just yesterday...
Emelia Mensa EA, CPA’s Insights on How to Choose the Right Health Insurance Plan
November has officially begun.Decisions are upon us. All of the normal holiday decisions, like which Lego set to buy the little one or which relatives to invite (or not invite) for Thanksgiving dinner, are dancing through our heads as the seasons change.But not only...
Emelia Mensa EA, CPA’s Primer on Sports Betting and Taxes
Just less than five years ago, certain sports figures were being threatened with suspension for even APPEARING at collectibles events in which a sports betting company was a sponsor.Now there is an NFL-endorsed provider of sports betting (for those states in which it...
Getting Started in Real Estate Investing: Some Tips for Connecticut Investors
Depending on what kind of news you're consuming these days or how much you're paying attention, you might not have been noticing the inflation signals that are popping all over the place. This does have implications for taxpayers of all stripes -- and we will...
How Connecticut Retirees Can Maximize Social Security Benefits
We're almost there. Extended returns are due Friday, October 15th (for most - saving certain federally declared disaster areas). So, bear with us a little this week as we handle a bunch of last-minute things for the last-minute people.But today, I thought I'd take up...
Taxes for Teens: What Connecticut Parents Need to Teach Their First-Time Filers
Last week I talked about smart ways to launch your financial life for young people.And you know what is kind of hilarious? I forgot to talk about TAXES for teens.Yes, yes I did.So, I'm fixing that today.Before I do: one more reminder that October 15th is the deadline...
Emelia Mensa EA, CPA’s Four Keys To Shape Your Financial Future During College
I wish I had been smarter about money when I was younger.(You too?)Now, when I observe the power of compounding interest, and the kinds of possibilities available to those who have accumulated an asset base (however "small" it might seem) ... I realize now that I...
Fixing Your Credit Score: How Connecticut Spenders Can Build Better Credit
We’re nearing the end of "extension season" around here at Emelia Mensa CPA ... and it's been a doozy.With so many changes thrown at us, word on the tax professional street is there are going to be a lot of very tired and very grateful CPAs and tax pros after October...