Tax
6 Myths About the Soon-to-Expire Employee Retention Tax Credit20230126140837
6 Myths About the Soon-to-Expire Employee Retention Tax Credit
January 26, 2023
As the sunset date approaches, you may have seen ads about the employee retention tax credit targeting restaurants and promising $26,000 in refundable tax credits per employee. While that is the maximum amount per employee, there are many factors in determining the refund amount. The IRS has warned ...
SBF’s prosecution could determine classification of FTX losses20221216090000
SBF’s prosecution could determine classification of FTX losses
December 16, 2022
Writing for Cointelegraph, FML partner Justin Wilcox explores how charges against FTX founder Sam Bankman-Fried may affect how the IRS views individual investor losses in the crypto exchange collapse....
Policy shifts, macroeconomics dominate year-end small business tax strategies20221121080000
Policy shifts, macroeconomics dominate year-end small business tax strategies
November 21, 2022
With just weeks left in the year, businesses can still take actions that will benefit their 2022 tax position. FML partners Jim Arcouette and Bill Slattery explain how in this article they co-authored for Hartford Business Journal....
Tax on income not earned is possible after Ethereum Merge20220928150200
Tax on income not earned is possible after Ethereum Merge
September 28, 2022
See this article as it originally appeared in Cointelegraph. After much buildup and preparation, the Ethereum Merge went smoothly this month. The next test will come during tax season. Cryptocurrency forks, such as Bitcoin Cash, have created headaches for investors and accountants alike in the past....
How the Inflation Reduction Act affects different types of taxpayers20220921151852
How the Inflation Reduction Act affects different types of taxpayers
September 21, 2022
The Inflation Reduction Act of 2022 is a massive piece of legislation affecting everything from energy to healthcare, and of course, taxes. Here are key elements of the bill that was signed into law this month and how they affect different types of organizations and individuals. Large corporations T...
James Goldkamp, Yana Reiser promoted to director positions20220729120900
James Goldkamp, Yana Reiser promoted to director positions
July 29, 2022
Fiondella, Milone & LaSaracina has announced the promotion of James Goldkamp, CPA to director of tax services and Yana Reiser, CPA to director of assurance and advisory services. Goldkamp began his career at FML in 2008 as a generalist in the tax department after graduating from Eastern Connecti...
Connecticut launches JobsCT rebate program20220711170906
Connecticut launches JobsCT rebate program
July 11, 2022
Governor Ned Lamont recently signed into law a new tax incentive program for employers which he describes as a “targeted, earn-as-you-grow incentive program for businesses to expand in or relocate to Connecticut.” Previously a grant program, the new JobsCT rebate program provides refundable tax cred...
Andrea Harrington joins The Hartford’s SmallBiz Ahead podcast20220408113236
Andrea Harrington joins The Hartford’s SmallBiz Ahead podcast
April 8, 2022
Andrea Harrington, a partner in Tax & Advisory Services at FML, was a guest on a recent episode of The Hartford’s SmallBiz Ahead podcast titled “Getting Your Finances In Order to Achieve Success.” Andrea has more than 25 years of experience serving a variety of industries and clients at varying ...
FML announces new partners: Mary Wisenski, Matthew Soroka, Amber Tucker and Jim Arcouette20220322084800
FML announces new partners: Mary Wisenski, Matthew Soroka, Amber Tucker and Jim Arcouette
March 22, 2022
Fiondella, Milone & LaSaracina has announced four new partners. Mary Wisenski, Matthew Soroka and Amber Tucker of the firm’s Glastonbury office have all been promoted to partner. Jim Arcouette joins the firm’s Enfield office as a partner. Wisenski joined FML in 2004 and has worked to...
Increased popularity of cryptocurrency leads to influx of tax and reporting questions20220314141000
Increased popularity of cryptocurrency leads to influx of tax and reporting questions
March 14, 2022
I was interviewed recently for a Hartford Business Journal article about accounting firms seeing more cryptocurrency business and companies taking a cautious approach with decentralized money. As a partner with FML, I would estimate that cryptocurrency accounts for about one month out of my full wor...
