News Archive

Do You Know Your Fiduciary Responsibilities?

by Michael Garcia, CPA, Audit Manager As the annual tax filing season for many small businesses has come to an end, now is a great time for small business owners and their management teams to start reviewing the retirement plans that they offer to their employees. The Employee Retirement Income...

CT Businesses to Pay the Entity Tax Every Other Year

The Connecticut Department of Revenue Services has released a chart illustrating the new due dates for filing a business entity tax return and paying the tax. Beginning with the 2013 tax year, a business entity will be required to file Form OP-424, Business Entity Tax Return, and pay the business...

Fi$cally Fit – Spring 2013

Accounting Healthcare News Briefs SK&Co's Healthcare Accounting Team is offering quarterly news briefs on topics related to the health care industry. This quarter's issue, written by John Teixeira, CPA, CHBC, focuses on the importance of protecting your practice with a compliance plan. For more information, please contact John Teixeira at...

Hiring Family Members: Carefully Weigh the Risks and Rewards First

As the owner of a closely held business, you may have opportunities from time to time to hire members of your family to work for your company. Due to the economic downturn and resulting high unemployment rate, many owners have been asked by family members recently whether there might be...

How to Stay Safe Using Public Wi-Fi

These days, so many of us are on the go and public Wi-Fi becomes almost a necessity in order to get work done. We may even seek out those places that offer "free" Wi-Fi, just so we can catch up on email. Of course, when you use these convenient connections,...

Children’s Books Needed: Help Foster the Love of Reading

Book drive from May 1st through June 30, 2013. Sanisveri, Kimball & Co., L.L.P. (SK&Co.) and SK Wealth Management L.L.C. (SKWealth) are hosting a children's book drive for United Way of Rhode Island's Women's Leadership Council (in partnership with Books Are Wings) from May 1st through June 30, 2013. Donations...

Retirement Income Gender Gap-Dealing With A Shortfall

When you determine your retirement income needs, you make your projections based on the type of lifestyle you plan to have and the desired timing of your retirement. However, you may find that reality is not in sync with your projections, and it looks like your retirement income will be...