Accountants in Milford, CT

Welcome to Accounting and Consulting Group located in Milford, Connecticut. Our consultancy consists of three Certified Public Accountants (CPAs) and a business consultant focused and dedicated to providing clients with personalized professional services and guidance in a wide range of financial and business needs. We currently provide accounting and business consulting services to businesses in 19 states across the U.S.

Business Consultants in Milford, CT

As you browse through our website, you will find information about our group, including the accounting, tax and financial services we provide. We have also included online tax and financial resources to assist you in the tax process and financial decision-making. These links will lead you to financial calculators, tax news, downloadable tax forms, and other helpful sites.

 Expert CPA and Business Services

Accounting and Consulting Group provides a wide range of services to individuals and businesses in a variety of industries and in various states. At our group, we strive to meet each client’s specific and personalized needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:

The IRS warns all taxpayers to beware of costly social media tax scams

The IRS warns businesses and individual taxpayers about fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit.

Many of the posts falsely claim all taxpayers are eligible for credits for which they don’t qualify, such as those meant for self-employed individuals or businesses.

These scams have led thousands of taxpayers to file inaccurate or frivolous returns, often resulting in the denial of refunds and steep penalties. James Clifford, the IRS Director of Return Integrity and Compliance Services cautions, “People who follow this advice could end up with rejected claims and a penalty of up to $5,000 in addition to any other penalties that might apply.”

To learn more about how to spot these scams and what to do if you believe you may be a victim, read this news release.