Small businesses in Stamford trust 1-800Accountant's experienced CPAs to handle their bookkeeping and tax needs, giving them more time to focus on what matters most—growing their business.
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 Stamford 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 Stamford, 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 Stamford 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.
Level | Rate |
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State Tax Rate | 6.35% |
County Tax Rate | None |
Municipal Tax Rate | None |
Combined Sales Tax Rate | 6.35% |
City-Specific Taxes |
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Businesses that own commercial property in Stamford pay a real estate tax at a mill rate of 30.79 mills ($30.79 per $1,000 of assessed value). These taxes are billed and collected by the Office of the Tax Collector in Stamford. Taxes are due on July 1 and January 1. For details on assessment, billing, and payment options, visit the Stamford Office of the Tax Collector. |
Licenses and Permits |
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Stamford businesses need several key licenses and permits. State requirements include business registration and a Sales and Use Tax Permit, accessible via the state's business portal. City-specific needs involve an annually renewable Business License and zoning clearance. |
Grants and Funding in Stamford | Grants and Funding Information |
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Stamford Community Microgrant Program | The 2025 Community Microgrant Program provides funding for community-specific projects aimed at improving quality of life in Stamford neighborhoods. With $77,250 available to invest in local initiatives, this program supports various resident groups including informal grassroot organizations, established associations, and community-wide efforts. Grant funds support activities and projects identified as important by local residents. |
Connecticut Small Business Grants Program | This state-wide program offers grants ranging from $5,000 to $25,000 for Connecticut businesses, including those in Stamford. The program provides $200,000 annually in funding that can be used for business operating expenses. Priority is given to minority, women, disabled, and veteran-owned businesses, as well as businesses located in distressed municipalities. |
SeCTer Grant Program | This program offers grants ranging from $500 to $200,000 for Connecticut businesses, with approximately 95-100 grants awarded annually. Funding can be used for working capital, equipment, and business debt consolidation. The program specifically targets companies in advanced manufacturing, offshore wind supply chain and renewable energy, childcare services, and agriculture/aquaculture production. |
When choosing an accountant or bookkeeper for your Stamford small business, you should consider the following factors:
Certifications and Connecticut Compliance: Verify the accountant or bookkeeper holds appropriate credentials, particularly CPA certification. They should demonstrate thorough knowledge of Connecticut's tax regulations, including the state's specific filing requirements and recent tax law changes that affect Fairfield County businesses.
Financial Services Industry Experience: Given Stamford's position as the "Wall Street of the East," seek professionals with specific experience serving financial services companies, hedge funds, and investment firms. An accountant familiar with the regulatory requirements facing Stamford's financial sector will provide more valuable guidance than a generalist.
Multi-State Tax Expertise: Due to Stamford's proximity to New York, many businesses operate across state lines. Your financial professional should understand multi-state taxation and help navigate the complexities of doing business in both Connecticut and neighboring states, particularly for commuting employees and cross-border transactions.
Industry-Specific Knowledge: Look for accountants who understand Stamford's diverse business landscape, including its growing technology, healthcare, and media sectors. Professionals with experience in your specific industry will recognize unique tax opportunities and compliance requirements that generalists might miss.
Understanding of Local Economic Incentives: Stamford offers various economic development incentives, including the Enterprise Zone program and the Urban Jobs program. A knowledgeable accountant can help you determine eligibility and maximize these local benefits to improve your bottom line.
Technology Adoption: Select a financial professional who uses modern accounting technology and cloud-based solutions. In Stamford's fast-paced business environment, real-time financial data and remote collaboration capabilities have become essential rather than optional.
Scalability of Services: As one of Connecticut's fastest-growing business centers, Stamford companies often experience rapid expansion. Choose an accounting partner whose services can scale with your business, from startup phase through growth and potential acquisition or public offering.
*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.