Charitable Contributions
Developing policies related to contributions will help to structure
your organization to comply with IRS rules and regulations....
IRS Releases Final and Proposed BEAT Regulations
The IRS has issued final and proposed regulations implementing the
base erosion and anti-abuse tax (BEAT) under Code Sec. 59A. The
BEAT is a minimum tax that certain large corporations must pay on
cer...
Final and Proposed Regulations Address Foreign Tax Credit
The IRS has issued highly anticipated final regulations on the
significant changes made to the foreign tax credit rules by the Tax
Cuts and Jobs Act (TCJA) ( P.L. 115-97). The final regulations
retain...
Final Regulations on Calculation of UBTI Issued
The IRS has released final regulations that present guidance on how
certain organizations that provide employee benefits must calculate
unrelated business taxable income (UBTI) under Code Sec. 512(a)....
Final Rules Adopted on Changes to Estate Tax Exclusion Amount
The IRS has issued Reg. §20.2010-1(c) to address the effect of the
temporary increase in the basic exclusion amount (BEA) used in
computing estate and gift taxes. In addition, Reg. §20.2010-...
Welcome and thank you for visiting the website of Apicella, Testa & Company, P.C., CPAs.
As a full service public accounting firm, we assist our growing client base with a diverse range of service offerings, with an emphasis on non-profit companies.
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Explore our site and contact us with any questions or comments you may have. Contact partner Gil Apicella at 203-925-9494, Ext. 322, or at gil@ctcpa.com or John Zaprzalka at 203-925-9494, Ext. 321, or at john@ctcpa.com.
Francis H. Michaud Jr., husband of Judy Clark Michaud, Westville resident, longtime CPA and dedicated community servant, passed away on July 19, 2019. He was born on Sunday, August 16 in NYC, son of the late Francis & Florence Gagne Michaud. He graduated from Fairfield Preparatory School and Fairfield University. He received his designation from the Connecticut State Board of Accountancy and worked as a Certified Public Accountant serving his clients tirelessly throughout his career. Along with his wife Judy, he founded the Health Initiative for Men, (HiM) where he poured much effort into men’s health awareness and created a fund that will continue his cause for years to come.
In addition to his wife, he leaves his son Jason B. Michaud (wife Karin) of Milford, Connecticut, daughter Lauretta J. Michaud, step-son Mark Hofferberth (wife Gina) of Wesley Chapel, Florida, step-daughter Kristin Pino (husband Dan) of Milford Connecticut, and three granddaughters, Jessica Dallachie, Lucia Pino & Ava Hofferberth. He was predeceased by his son Francis Edward Michaud, daughter Jacquelyn Michaud, granddaughter Stephanie Pergolatti and two sisters Janet & Joan Michaud.
Memorial services will be held Wednesday, July 31, 2019 at the Jenkins King & Malerba Funeral Home, 12 Franklin St. Ansonia, Connecticut. Friends may call from 9:00 a.m. to 11:30, with funeral services beginning at 11:30am. There will be a reception to follow at Racebrook Country Club at 246 Derby Ave, Orange, Connecticut. Spreading of the ashes will be private at the convenience of the family. In lieu of flowers, donations in Frank’s memory may be made to The Health Initiative for Men through The Valley Community Foundation, 253 Elizabeth St, Derby, CT 06418. (www.jenkinskingfh.com)
