Stuart Wilson, ACMA CGMA Fractional CFO & Controller · AICPA Member
Connecticut's 7.5% corporate tax rate and 10% surcharge on large companies create one of the highest effective corporate tax burdens in the nation. Combined with the Pass-Through Entity Tax and a complex personal income tax, businesses here need expert financial leadership. BlackpeakCFO provides that leadership, backed by a CGMA with 24 years in professional finance.
No contracts · Cancel anytime · From $3,995/mo
Connecticut's 7.5% corporate rate plus a 10% surcharge for companies over 00M creates steep obligations. We structure your operations, entity elections, and PTE tax strategy to reduce your effective rate and preserve capital.
Connecticut's PTE tax allows S-corps and partnerships to deduct state taxes at the entity level, bypassing the federal SALT cap. We model the benefit for your specific situation and ensure proper election and filing.
Hartford is the Insurance Capital of the World. We provide CFO-level financial leadership for insurance MGAs, carriers, and financial services companies with deep sector expertise.
Connecticut's biotech corridor requires specialized financial management — from R&D tax credit optimization to milestone-based funding strategy and FDA-stage financial planning.
Everything a full-time CFO delivers — without the $250K salary.
Full P&L, balance sheet, cash flow statement. US GAAP-compliant. Board-ready with variance commentary — not a raw trial balance.
Revenue, gross margin, AR days, AP days, cash runway, burn rate. Updated live. Know where you stand before month-end.
Rolling weekly cash forecast with scenario modelling. The document lenders and investors ask for — always current.
We manage Connecticut's high corporate tax burden, Pass-Through Entity Tax elections, and complex personal income tax obligations for business owners seeking to optimize their combined state tax position.
45-minute call to review the numbers, flag risks, discuss opportunities. Like having a CFO in the room without the full-time overhead.
Monthly variance analysis so you know exactly where you're over or under plan — before it becomes a problem.
No contracts. No hidden fees. Cancel with 30 days' notice.
Monthly management accounts, bank reconciliation, compliance tracking
Full strategic CFO — for businesses scaling past $5M
Multi-entity, M&A-ready, investor reporting
Filing Connecticut's corporate business tax at 7.5% with applicable surcharges, including minimum tax calculations and estimated payment schedules.
Managing PTE tax elections, filings, and member-level credit allocations for S-corporations and partnerships.
Connecticut's 6.35% sales tax compliance, including tracking of exempt sales and use-tax self-assessment on out-of-state purchases.
State income tax withholding across Connecticut's progressive brackets, quarterly filings, and annual reconciliation.
Filing your Connecticut annual report with the Secretary of State to maintain good standing and corporate authority.
Hartford's insurance industry is world-renowned. We provide financial leadership for MGAs, carriers, and insurance-tech firms navigating Sarbanes-Oxley, statutory accounting, and regulatory capital requirements.
Connecticut's pharma corridor includes major players and emerging biotechs. We manage R&D capitalization, milestone-based budgeting, and clinical-trial cost tracking.
With Sikorsky, Pratt & Whitney, and Electric Boat, defense manufacturing is critical to Connecticut. We handle government contract cost accounting and DCAA compliance.
Major health systems like Yale New Haven and Hartford HealthCare drive the sector. We provide revenue-cycle oversight and payer-contract financial strategy.
Connecticut's growing tech scene benefits from proximity to New York and Boston. We support startups with fundraising strategy, financial modeling, and investor-ready reporting.
Connecticut's real estate market spans luxury residential to commercial development. We manage project-based financials, investor reporting, and construction-draw schedules.
Yes — the base rate is 7.5%, and companies with Connecticut taxable income over 00M face an additional 10% surcharge, bringing the effective rate to 8.25%. Combined with local property taxes and the personal income tax, the total burden is among the highest in the US. We develop strategies to mitigate this impact.
Absolutely — and we work alongside your CPA rather than replacing them. Your CPA handles tax preparation and filing, while we provide strategic financial leadership, forecasting, and day-to-day financial oversight. Most clients find this combination delivers both compliance accuracy and forward-looking financial strategy.
Connecticut's PTE tax lets S-corps and partnerships pay state tax at the entity level, generating a federal deduction that bypasses the 0K SALT cap. For high-income owners, this can save tens of thousands in federal taxes. We model the exact benefit and handle the election process.
Businesses generating M–0M in revenue see the greatest impact. You need strategic financial guidance but may not justify a full-time CFO's 00K+ compensation. Our fractional model delivers that expertise efficiently.
Most engagements begin within two weeks of signing. We use a structured onboarding process to get up to speed on your financials, systems, and goals so we can deliver value from day one.
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30-minute discovery call. We'll review your current setup, identify gaps, and show you exactly what your management accounts should look like. No pitch — just proof.
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