Blog
Emelia Mensa EA, CPA on Year End Tax Strategies
I'm going to go further than I did last week and offer you some tangible things you can do NOW.And look ... probably taxes aren’t the first thing on your mind now that the holiday lights are flickering. After all, it’s a happy season for every resident, right?But if...
Infrastructure Act Tax Implications for Connecticut Taxpayers
I don’t know about you, but I'm still over here digesting leftovers from last week’s festivities -- as well as the passage of that trillion dollar infrastructure act in Washington (more on that in a minute). But as November turns into December, I realize (and you...
The Difficulty (and the Power) of Thanksgiving
Perhaps it's because of the craziness of the past year and a half, maybe it’s the local weather ... but for some reason, the holiday season has caught us off guard over here at Emelia Mensa, CPA. Wasn’t it just the end of summer the other day?This year particularly,...
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...