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Showing 1 to 2 of 2 CPAs in Washington, Connecticut
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Michael Stoughton
Certified Public Accountant
Verified Licensed
Location Washington, Connecticut 06793
Michael Stoughton is a certified public accountant based in Washington, Connecticut, with over two decades of experience serving a diverse range of clients. He specializes in basic accounting services, business tax services, and individual tax services, helping entrepreneurs and small business owners navigate complex financial situations. Stoughton's expertise also encompasses retirement account tax reporting, ensuring accurate and timely submissions for clients with tax-deferred accounts. With a focus on helping family-owned enterprises and various business structures, including S-Corps, partnerships, and LLCs, he provides tailored guidance to meet each client's unique needs and goals.
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Henry Versnick
Certified Public Accountant
Verified Licensed
Location Washington, Connecticut 06793
Henry Versnick is a certified public accountant based in Washington, Connecticut, with over 20 years of experience serving small and medium-sized businesses, as well as family-owned enterprises. His services include sales tax compliance, general accounting and advisory, and he specializes in providing basic accounting services, financial planning, and accounting support to small businesses. With expertise in financial planning, Versnick helps clients achieve their short- and long-term goals, developing tailored strategies that address their unique needs and circumstances.

Connecticut's established CPA market serves a wealthy population and strong financial services sector. The Connecticut State Board of Accountancy requires 150 semester hours for licensure. CPAs must complete 40 hours of continuing professional education annually, including 2 hours of ethics and technical updates in accounting or auditing.

Key Tax Considerations: Connecticut has graduated individual income tax rates up to 6.99% and a corporate business tax. CPAs commonly handle complex estate planning for high-net-worth individuals, trust taxation, multi-state tax issues due to proximity to New York, and sophisticated investment taxation. The state's high property taxes and estate tax (one of few states with its own) create significant planning opportunities.

Industry Specializations: Insurance and financial services (especially in Hartford), aerospace and defense manufacturing, pharmaceuticals and biotechnology, hedge funds and private equity, and professional services are primary focus areas. Many CPAs specialize in executive compensation, qualified small business stock (QSBS) planning, and complex estate and trust administration.

For CPA Professionals: The Connecticut Society of CPAs provides extensive resources across the state. Major markets include Hartford, Stamford/Greenwich (NYC suburbs), New Haven, and Fairfield County. The state offers proximity to New York City opportunities while maintaining distinct identity. High cost of living is offset by strong compensation, particularly in Fairfield County financial services roles.