Bailey Scarano

10/01/2026

We're hiring a Tax Manager with 7+ years of public accounting tax experience to lead engagements and mentor staff across a broad range of client work: corporate, individual, partnership, fiduciary, and nonprofit returns, plus planning, projections, and compliance.

This is a hands-on leadership role with direct partner access, real advisory work, and room to grow. CPA or EA required. If you're ready to step into something with more scope and fewer layers, we'd like to talk.


https://bit.ly/3RH6l3G

09/29/2026

Choosing an SUV over a minivan might cost more than the sticker price suggests. When you factor in higher insurance rates, more complex repairs, and the opportunity cost of the price premium, the gap compounds over time. Here are the numbers: investing a $5,000 difference in an index fund at 7% grows to nearly $10,000 over a decade.

Vehicle decisions are personal finance decisions. The badge on the grille shouldn't cost you a decade of retirement savings.

Many drivers favor aesthetics over economics. We break down the financial trade-offs of the "SUV tax" and show you how to keep thousands more for your future.

09/24/2026

An LLC protects your personal assets from business liabilities, offers pass-through taxation, and avoids the double taxation that corporations face. For small businesses, it's often the right structure: flexible management, fewer compliance requirements, and the ability to choose your tax classification.

But formation is just the starting point. A solid operating agreement prevents disputes and protects the business long-term.

Discover what an LLC Limited is and how it works in this comprehensive guide. Learn the benefits, structure, and key differences between LLC Limited and other business entities to make informed decisions for your business.

09/22/2026

Some accounting firms assign your work to whoever is available. At Bailey Scarano, the partners are in the work. That's been true since 1916, and it's still true today.

Over a century of serving Connecticut businesses means we've seen economic cycles, tax law overhauls, generational transitions, and industry shifts that most firms haven't. That experience shows up in the advice we give.

Connecticut's best tax, audit and business advisory firm serving businesses and individuals located in the greater shoreline area.

09/17/2026

ESG analysis, which used to take 100 hours by hand, now takes roughly an hour with AI. Harvard Business Review researchers applied large language models to ExxonMobil's public disclosures and mapped environmental and social risks directly to specific income statement, balance sheet, and cash flow line items.

The tools are getting more accessible. The competitive advantage long held by specialized ratings agencies may be narrowing.


https://bit.ly/4hySdI4

09/16/2026

The new “No Tax on Overtime” deduction isn’t just something employees need to understand. Beginning with 2026 Forms W-2, employers have new reporting responsibilities, too.

Businesses with overtime-eligible employees must separately track and report qualified overtime compensation, and there’s no small-employer exemption simply because you have only a few employees.

If you use a payroll provider, much of the process may already be addressed, but now is the time to make sure the right information is being captured rather than discovering a problem during W-2 season.

Learn what qualifies and what employers should be doing now: https://bit.ly/4y39az1

Federal student loan repayment options are changing. Here's how PAYE, IBR & the RAP plan could affect your payments & financial plans.

09/14/2026

You're three months behind on reconciliations, your financial statements are a best guess, and tax season is weeks away. It happens more than people admit, especially when the business is growing faster than the back office can keep up.

Catching up messy books, establishing a clean monthly close process, and making sure your financials actually reflect what's happening in the business is exactly what we do. No judgment on how it got here.

CT Shorelines best outsourced bookkeeping & accounting services for new, growing, merging & downsizing companies and non-profits.

09/10/2026

Real-time visibility across every purchase order and piece of inventory is becoming table stakes in manufacturing, not a competitive advantage.

67% of companies have started supply chain digital transformations in the past 12 months. Only 10% have hit their top three strategic targets. The gap between starting and succeeding is still significant.

Manufacturers and retailers that moved early on their digital transformations and automation strategies are starting to reap the benefits, experts said at Supply Chain Dive’s outlook event.

09/08/2026

Still paying student loans? You’re far from alone, and some of the federal repayment options you’ve relied on may be changing.

PAYE is being phased out, IBR remains available for certain borrowers, and the new Repayment Assistance Plan (RAP) adds another option to consider. But choosing a plan based solely on the lowest monthly payment could overlook the impact on your taxes, retirement savings, investments, business plans, and overall cash flow.

Before making a change, understand your options and how they fit into the rest of your financial picture.

https://bit.ly/4y39az1

Federal student loan repayment options are changing. Here's how PAYE, IBR & the RAP plan could affect your payments & financial plans.

09/04/2026

Happy Labor Day! This weekend we celebrate the hard work, dedication, and contributions of workers across every industry.

We hope you’re able to step away from work, enjoy the long weekend, and spend some well-earned time with family and friends.

From all of us at Bailey Scarano, have a safe and relaxing Labor Day!