by Michael Lecours | Mar 20, 2018 | Taxes
The average tax refund is about $3,000. And people do one of two things with it. They either spend it or set it aside for a specific purpose. What’s the distinction between these two groups of people? It all comes down to their expectation. If the refund was...
by Michael Lecours | Mar 18, 2018 | Taxes
What do you do with a house you no longer want? What if it’s a house in bad shape but you love the land? Up until recently, I would have offered two options: renovate it or knock it down and rebuild. Turns out there is a very creative strategy. You donate the house to...
by Michael Lecours | Mar 14, 2018 | Taxes
Recently some clients attend a talk on the recent tax law changes by Eliot Bassin of Bregman & Company. I thought it was interesting enough to send the slides out to readers of the blog and newsletter as there were several important take-aways that were new to me....
by Michael Lecours | Feb 20, 2018 | Taxes
The following post is written by our current intern, Calvin Nastyn. He is a student at the University of Hartford where he is studying finance. The issue that Calvin digs into is a wonderful (and comical) example of an odd implication associated with state taxation...
by Michael Lecours | Oct 13, 2016 | Taxes, Uncategorized
We like to complain about high taxes. We all do. The thought of the government taking “our” money drives us crazy. With the election right around the corner, we may be thinking about the effects on our pay checks due to a new president. Most of what I read about...
by Michael Lecours | Apr 24, 2016 | Economy, Taxes, Uncategorized
As of today, the taxpayers of the United States have collectively earned enough money to pay the Federal government’s tax bill for the year. Bad news, it doesn’t include State Tax Freedom Day, which for Connecticut is May 21st (The latest of all 50 states). Interested...
