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Accounting and Bookkeeping Services in Bridgeport, Connecticut
Small business owners in Bridgeport trust 1-800Accountant's virtual accounting solutions to manage their books, minimize tax burdens, and maintain compliance while they focus on growth.
Our Accounting Services for Bridgeport Small Businesses
Business Tax Preparation: Have your taxes prepared and filed by a CPA with expertise in your industry so you're always confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Bridgeport tax preparation to them!
Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial insights that empower you to make important data-backed business decisions. This meticulous process delivers essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business tax advisor. Strategic planning helps minimize your business tax liability in Connecticut throughout the year while ensuring compliance.
Payroll: Save hours each pay period with comprehensive payroll services handled for you, with regular tax submissions to the city of Bridgeport, ensuring accuracy and freeing you to focus on other vital aspects of your business.
Business Formation: Enjoy the advantages of officially establishing your business in Connecticut with our complimentary incorporation services. Simply cover any Bridgeport fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as you experience the benefits of an optimized business structure and maximum tax savings.
Discussing your business taxes with 1-800Accountant is quick and easy:
- Set up a time for us to give you a call.
- Tell us what’s going on with your business.
- Get matched with an accountant who knows your industry & local regulations.
| Level | Rate |
|---|---|
| State Tax Rate | 6.35% |
| County Tax Rate | None |
| Municipal Tax Rate | None |
| Combined Sales Tax Rate | 6.35% |
| City-Specific Taxes |
|---|
| Employers in Bridgeport must withhold Connecticut state income tax from employees’ wages using the Withholding Tax tables with rates from 3.00% to 6.99%. Payments and returns are due monthly by the 15th of the following month if average monthly withholding is over $5,000; otherwise they’re due quarterly by the 15th of the month after each quarter. |
| Licenses and Permits |
|---|
| Businesses operating in Bridgeport, Connecticut need to obtain specific licenses and permits depending on their activities. |
| Contractors performing street or sidewalk excavation must obtain a city contractor's license before beginning work. |
| Waste removal businesses require a hauler license from the City of Bridgeport. |
| Businesses occupying public sidewalks or streets need an Occupancy Permit from the city. |
| All Connecticut businesses must register with the state before applying for additional licenses, and those selling taxable goods or services must obtain a Sales Tax Permit. |
| Grants and Funding in Bridgeport | Grants and Funding Information |
|---|---|
| Connecticut Small Business Boost Fund | The Connecticut Small Business Boost Fund provides loans ranging from $5,000 to $500,000 with low fixed interest rates. This program is designed to help small businesses and non-profits in Connecticut access working capital with flexible terms and affordable rates. |
| Bridgeport Business Assistance Program | This program provides grants up to $20,000 for Bridgeport businesses. Funds can be used for both new assets and working capital. The program gives preference to businesses owned by underrepresented entrepreneurs and those located in distressed areas of Bridgeport. |
| Southeastern Connecticut Enterprise Region (SeCTer) Grants | SeCTer offers grants targeted at specific industries including advanced manufacturing, renewable energy, childcare services, and agriculture/aquaculture production. Grant amounts range from $500 to $200,000, which can be used for working capital, equipment, and business debt consolidation. Priority is given to minority, women, disabled, and veteran-owned businesses. |
| State-Wide Small Business Grant Program | Connecticut offers grants ranging from $5,000 to $25,000 for eligible small businesses in good standing with the Department of Revenue Services and Secretary of State. Applicants must have a business plan or high-level executive summary and provide projections for how funds will be used. |
What to Look for in Bridgeport, Connecticut Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Bridgeport small business, you should consider the following factors:
Certifications and State Compliance: Verify your financial professional holds proper credentials, such as CPA licensure through the Connecticut State Board of Accountancy. They should demonstrate thorough knowledge of Connecticut's tax regulations, including the state's unique business entity tax and recent legislative changes affecting Bridgeport businesses.
Experience and Specialization: Look for professionals with experience in Bridgeport's key industries, including healthcare, manufacturing, and maritime commerce. An accountant familiar with the specific financial challenges of businesses operating near the Port of Bridgeport or within the city's revitalizing downtown will provide more valuable insights than a generalist.
Understanding of Local Economic Conditions: Select a financial partner who comprehends Bridgeport's economic landscape, including its position within Fairfield County and proximity to New York City. They should recognize how the city's ongoing redevelopment initiatives, including the Steelpointe Harbor project and other commercial developments, create unique tax planning opportunities for local businesses.
Knowledge of State Tax Incentives: Connecticut offers various business incentives that Bridgeport companies can leverage, including the Urban and Industrial Site Reinvestment Tax Credit and Enterprise Zone benefits. A skilled accountant can help you navigate these opportunities, particularly those designed to stimulate business growth in Bridgeport's designated opportunity zones and development districts.
Talk to a business tax expert today for all your tax needs in Bridgeport.
Additional Connecticut Accounting Resources:
Connecticut Small Business Tax Guide for 2025
CPA vs. Tax Preparer: Which Is Best for Your Business?
10 Common Small Business Tax Questions Owners Are Asking
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.