February 2015


IRS Urges Taxpayers to Use Website for Fast Answers
Upcoming Chamber Events
offical irs

New Directory of Tax Preparers from IRS 


The IRS has recently created a search engine that allows the user to search for a tax preparer based on zip code and their specific needs. Continue through this link to access this new useful tool.


Also be sure to check the member's directory of your local chambers to find a tax preparer in your area.  


Click here for the Northeast Chamber of Commerce.


Click here for The Chamber of Commerce Windham Region.


The Dirty Dozen Tax Scams of 2015


This annual recap will remind you of some age-old safety precautions and some new ones you may not have been aware of.  To continue to the full listing or tax scams and the article click here.

IRS Calendar:
Important dates for small businesses to remember can be accessed by one click of the mouse.  Click here to access the IRS tax calendars.

Your Small Business Resource Tool Box

Ever wonder exactly what types of services the Small Business Development Center provides.  Click here to view a recent webinar presented by Emily Carter, State Director of CTSBDC, in which she explains all of the services and resources SBDC provides small businesses free of charge.

Small Business Development Center

Just a reminder that CT SBDC has Office Hours at the Windham Region Chamber of Commerce the first Wednesday of each month from 3:00 - 5:00 pm. To schedule an appointment, call 860-486-4629.   



Thanks to our sponsors for their support!


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If you are thinking of starting a new or expanding a business, this month's newsletter is packed with information to help you accomplish your goals.  You will find information on estimating your new business start up costs, resources available through CT SBDC, OJT hiring incentives being offered through EWIB, and some regulatory issues that could affect your business.


As always the Northeast CT Economic Alliance is here to assist entrepreneurs of northeast Connecticut with business loans for starting or expanding a business as well as providing beneficial resource information.


Stay Warm; Spring is one month away according to the calendar!

Visit our website - - to get started with your loan application today. Have questions? Don't hesitate to call us at 860-465-5141  

Estimating Your New Business
Start Up Costs

By Tim Berry

SBA Guest Blogger


How much will your new business cost you?  How much funding will you need to go to the bank for?  Don't know where to start or how to develop an estimate? This step-by-step guide will help you break down all sections of your start up expenses and assets to gain a better understanding of how much money it will take to start your business.  Click here to continue to the article.


In addition to the step-by-step guide above there is also a link to a handy "start up cost calculator" provided by Entrepreneur Magazine to help with your estimate.  Click here to access the calculator.


STEM On-The-Job Hiring Incentives
Are you planning to hire new employees any time soon? Do you have staff positions in IT, engineering or manufacturing production? These are some of the types of jobs that qualify for the Eastern CT Workforce Investment Board's On-The-Job Training programs which offer from 50% to 90% wage reimbursements!

The programs are intended to help CT residents who are long-term unemployed and who are collecting, and likely to exhaust, unemployment benefits. Let us provide you with details to see whether these programs will work for you. We make the process as seamless as possible so you can concentrate on hiring for attitude while training for skills. For information, contact Tim Murney, OJT Training Job Developer at 860-235-7346 or 

For more information and full brochure click here 

5 Regulatory Issues that Could Affect Your Business in 2015Regulatory
By Carolyn Boyce
Entrepreneur Magazine Contributor

The world of small business is ever changing, so pay attention to these specifics in the upcoming year before the issues are at your doorstep. This article will help break down new legislation that will undoubtedly affect some aspect of your operations.  Click here to continue to the article.

IRS Urges Taxpayers to Use For Faster AnswersIRS
offical irs
Due to the high volume of toll free calls during this busy time of the year the IRS urges taxpayers to use tools on their website.  The tools will supply much faster answers and solutions to commonly asked questions according to the IRS.  Follow the link here to access these IRS reporting tools. 
UpcomingUpcoming Chamber Events
nechamber Northeastern CT Chamber of Commerce
Tourism Boot Camp
Friday, March, 6, 7:00 am - 1:00 pm
Quinebaug Valley Community College

742 Upper Maple Street, Danielson, CT

For more information and to register call 860-774-8001 or click here.

Business After Hours:  Woodstock Academy  

Thursday, March, 19, 5:00 pm - 7:00 pm

57 Academy Road, Woodstock, CT

For more information and to register call 
860-774-8001 or click here.

Windham Chamber Logo The Chamber of Commerce, Windham Region

Home Improvement and Business Expo

Saturday, Sunday, March, 7, 8, 

10:00 am - 5:00 pm 

Click click here for more information. 


Business with Pleasure  

Wednesday, March, 11, 5:00 pm - 7:00 pm

Verizon Wireless Store, 361 Boston Post Road, North Windham, CT

For more information and to register call 860-423-6389 or click here 

WorkshopWorkshops and Seminars
Building Your Business Webinar Series: Score
How to Develop a Business Plan in 6 Easy Steps
Tuesday, March, 24, 2:00 pm - 3:00 p.m.
To register click here.
The Northeast CT Economic Alliance is an independent, community-based partnership of business, education and government
interests dedicated to enriching the long-term vitality of the communities of:
 Ashford � Brooklyn � Canterbury � Chaplin � Columbia � Coventry � Eastford � Hampton � Killingly � Lebanon � Mansfield � Plainfield � Pomfret � Putnam � Scotland � Sterling � Thompson � Union � Willington � Windham � Woodstock

This institution is an equal opportunity provider and employer.