IRS Debunks Frivolous Tax Arguments

This is Thomas Fortuna at The Tax Guy, Connecticut’s fastest growing tax prep business.  Sometimes, I have a client who asks me to bend the rules with a wink and a nod.  I am sorry but I cannot do that.  It is my obligation to uphold the tax regulations as prescribed by the taxing authorities, […]

Get Credit for Child and Dependent Care This Summer

Many parents pay for childcare or day camps in the summer while they work. If this applies to you, your costs may qualify for a federal tax credit that can lower your taxes. Here are 10 facts that you should know about the Child and Dependent Care Credit: 1. Your expenses must be for the […]

Plan Now for 2014 Tax Year

While the tax season has slowed a bit, most folks have filed their income tax returns.  But now is the time to plan for next years visit to The Tax Guy.  If your financial circumstances change, there are tax ramifications.  Do you need to adjust withholding tax, adjust estimated tax payments or time financial decisions […]

Ten Things to Know about IRS Notices and Letters

First, take a deep breath.  Then open the letter.  Next glance at the letter, then meditate to calm yourself down.   When you calm yourself down, contact Tom Fortuna at The Tax Guy at 203-684-3512 or email at  In the meantime, hear what the IRS has to say; Each year, the IRS sends millions of […]

Four Tips If You Can’t Pay Your Taxes on Time

At The Tax Guy, we will help you any way we can.  If you are not able to pay your taxes on time, we can file an Installment Agreement Request and discuss further options with the IRS.  If you need to file late, make it as soon as you can.  For tax prep in Southern […]


 It is getting close to the end of the 2014 tax season.  Why procrastinate and get hit with late filing penalties?  If you file with The Tax Guy, you can sit back and relax.  We do all the work.  For all your tax filing, bookkeeping and small business needs, contact the fastest growing tax prep […]

Time Expiring to Claim $760 Million in Refunds for 2010 Tax Returns

If you did not file a tax return for 2010, you may be one of over 900,000 taxpayers who may be due a refund from that year. If you are, you must claim your share of almost $760 million by the April 15 tax deadline. To claim your refund, you must file a 2010 federal […]

Simplified Option for Claiming Home Office Deduction Now Available

IRS YouTube Video: Simplified Home Office Deduction WASHINGTON — The Internal Revenue Service today reminded people with home-based businesses that this year for the first time they can choose a new simplified option for claiming the deduction for business use of a home. In tax year 2011, the most recent year for which figures are […]

Beware of Fake IRS Emails and Phone Calls

Tax scams that use email and phone calls that appear to come from the IRS are common these days. These scams often use the IRS name and logo or fake websites that look real. Scammers often send an email or call to lure victims to give up their personal and financial information. The crooks then […]

Top Ten Tips to Help You Choose a Tax Preparer

Many people hire a professional when it’s time to file their tax return. If you pay someone to prepare your federal income tax return, the IRS urges you to choose that person wisely. Even if you don’t prepare your own return, you’re still legally responsible for what is on it.   Here are ten tips […]