What are the opening hours?

Monday 8:30am - 5pm Tuesday 8:30am - 5pm Wednesday 8:30am - 5pm Thursday 8:30am - 5pm Friday 8:30am - 5pm

Hoyt, Filippetti & Malaghan, LLC

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United States
Groton, CT
Hoyt, Filippetti & Malaghan, LLC

Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals.

For years, Hoyt, Filippetti & Malaghan, LLC has been providing quality, personalized financial guidance to local individuals and businesses. Our expertise ranges from basic tax management and accounting services to more in-depth services such as audits, financial statements, and financial planning. Hoyt, Filippetti & Malaghan, LLC is one of the leading firms in and throughout Southern New England. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve. Our dedication to high standards, hiring of seasoned tax professionals, and work ethic is the reason our client base returns year after year. Mystic/Groton Office
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1041 Poquonnock Rd
Groton, CT 06340
Telephone: (860) 536-9685
Fax: (860) 536-9684

Westerly Office
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107 Airport Rd
Westerly, RI 02891
Telephone: (401) 596-2000
Fax: (401) 596-3999

10/01/2026

Still wondering whether your business has a beneficial ownership filing obligation? A final rule issued by FinCEN in August settles it:

✅ U.S. companies and U.S. persons are permanently exempt from reporting beneficial ownership information

✅ The exemptions in place since March 2025 are now permanent rather than interim

✅ Previously reported information belonging to U.S. persons will be deleted from the database

If your ownership structure includes foreign entities or non-U.S. owners, it's worth a closer look.

More: https://www.hfm.cpa/post/beneficial-ownership-reporting-is-now-permanently-off-the-table

09/29/2026

Would you know if your financial statements were telling you something was wrong?

You don't need to memorize ratios or run your own audit to find out.

Our Financial Statement Red Flags vs. Green Flags self-check puts the warning signs and the healthy signs side by side across cash flow, profitability, and the balance sheet, so you can see where your business currently stands. There's a short action plan at the end for anything that needs attention.

Download the self-check here: https://www.hfm.cpa/financial-statement-red-flags-vs-green-flags

09/25/2026

Congratulations to Lily on her 3-year anniversary at HFM!

We’re celebrating three years of dedication, growth, and the positive impact you bring to the team every day. Thank you for your hard work and commitment.

Here’s to celebrating your milestone and looking forward to what you’ll accomplish next!

09/22/2026

Have you ever been asked to prove you're current with the IRS and had no fast way to do it?

The IRS has launched a digitally authenticated Tax Compliance Report. Here's what it does:

➡️ Available on demand through your IRS Individual Online Account

➡️ Each report carries an IRS-issued digital certificate confirming it is authentic

➡️ Verification features are built directly into the downloadable file

➡️ Banks, agencies, and other recipients can confirm the report is genuine on their end

The report is useful whenever you're applying for a loan, a contract, a job, or a benefit that requires proof of tax compliance.

Read more here: https://www.hfm.cpa/post/proving-tax-compliance-just-got-easier

09/17/2026

Most financial red flags don't show up overnight. They build one month at a time, which is exactly why they're easy to miss when you're only checking the bottom line.

A few of the patterns worth watching for:

🔴 A widening gap between when you collect from customers and when you pay your own bills

🔴 Leaning on your credit line to cover routine expenses, a little earlier each month

🔴 Gross margin shrinking across several periods even while sales hold steady or grow

🔴 Revenue climbing while net income stays flat or slips

🔴 Inventory creeping up while sales don't

Any one of these is manageable. As a pattern across two or three reporting periods, they're worth a closer look, and catching them early is often the difference between a small fix and an expensive one.

More on what to watch for: https://www.hfm.cpa/post/what-your-financial-statements-are-trying-to-tell-you

09/15/2026

DEADLINE:

Today, September 15, 2026, is the deadline for the following:

✅ 3rd Quarter Estimated Tax Payments
✅ Extended Partnership Returns (Form 1065)
✅ Extended S Corporation Returns (Form 1120-S)

09/11/2026

Congratulations, Sarah, on your one-year anniversary at HFM!

Your dedication, positive attitude, and hard work have made a real difference every day. Thank you for the contributions you’ve brought to our team.

Here’s to celebrating your first year and looking forward to everything ahead!

09/08/2026

REMINDER:

September 15, 2026, is the deadline for the following:

✅ 3rd Quarter Estimated Tax Payments
✅ Extended Partnership Returns (Form 1065)
✅ Extended S Corporation Returns (Form 1120-S)

09/07/2026

Today, we celebrate all the hardworking individuals who contribute to our communities and drive our economy forward.

Happy Labor Day from all of us at HFM!

09/04/2026

Happy Birthday to Jaime and Terry in September!

From all of us at HFM, we hope your day is full of joy, great memories, and well-deserved celebration. Thank you for everything you do for us.

Wishing you both an amazing year ahead!

Address

1041 Poquonnock Road
Groton, CT
06340

Opening Hours

Monday	8:30am - 5pm
Tuesday	8:30am - 5pm
Wednesday	8:30am - 5pm
Thursday	8:30am - 5pm
Friday	8:30am - 5pm

Telephone

+18605369685

Website

http://www.hfm.cpa/

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