Blog
Five Key Habits of the Wealthy Connecticut Clients We Serve
The clock is really ticking now on 2020.But before you celebrate, please -- for the love of Pete -- make SURE that you are getting whatever needs doing done NOW that might affect this year's taxes. I've been banging this drum the last couple weeks, but I know how...
Paying Off Debt by Emelia Mensa EA, CPA
Last month, I talked about [ENGBLOG]some potential moves taxpayers could make by the end of the year. I wanted to remind you of those possibilities before I get to what else I want to talk with you about... (paying off debt)Those were:Look ahead to 2021 -- project...
When Conventional Financial Advice Is Wrong by Emelia Mensa EA, CPA
Is there such a thing any more as "conventional wisdom"?It's a fair question to consider as we retreat further and further into our ideological silos as a society -- only reading "news" from the slant that makes us feel smartest ("See, if [smart person I read] says...
Cultivating Gratitude for Thanksgiving 2020 in Connecticut
I think we all need this week.2020 has been *so hard*, for so many in (and far beyond!). And it's not over yet -- from continued electoral fighting, to spikes in virus cases and increased governmental restrictions all over the place, and (of course) the murder...
Emelia Mensa EA, CPA’s Tax-Wise Charitable Giving Strategies
Fatigue.Lockdowns, election politics, masks -- we THOUGHT we might be done with these things by now ... but nope. And I bet you're tired of it all. Most people are, aside from the zealots on every side. And I get it.That doesn't mean these things aren't important...
Emelia Mensa EA, CPA’s Seven End of Year Tax Planning Strategies
Here we are, a week past the election, and it's looking like the year 2000 all over again, with a long, drawn-out process until there is final certification of this election. Back then, it took a full five weeks for all of the legal process to play out. Hopefully, by...
Emelia Mensa CPA’s thoughts on Healthy Skepticism in light of the 2020 Election
Believe it or not, we're very busy around here.While the nation's eyes are fixated on political things, we're spending our days working hard on behalf of our clients right here in Connecticut (and beyond, of course), talking through tax-advantaged financial moves,...
Effective Financial Documentation Strategies for Connecticut Taxpayers
A few timely things to get to, before I offer you my thoughts on a good task for you to do this week...First of all, the IRS has apparently caught up on processing their backlogged mail that stacked up during COVID closures. Or, well enough, they say.That means that...
Save On Your Taxes With Emelia Mensa EA, CPA’s Nine Tax Planning Questions
Tax Pro World is abuzz about the increase of the Social Security wage base standard.Well, I should clarify -- most of Tax Pro World is taking naps this week and not really thinking much about taxes whatsoever, ha! After all, that was one of the most epically intensive...