CTCPA members: Join the Economic Relief Packages (PPP and More) Group to discuss the latest developments with your peers.

Latest News and Updates

6 tips for CPAs on newest round of PPP funding
Business leaders and the CPAs who serve them will need to use a variety of strategies all at once as they pursue economic support in the newest round of Paycheck Protection Program (PPP) funding.
Overcoming Tax Policy Issues for Remote Workers
Working from home has been the reality for millions of Americans for months due to the COVID-19 pandemic, but it also creates new tax challenges for employers. Many staff members reside in one state but work for a company in another. In her first...
Evaluating Technology to Drive Firm Efficiency
I have long embraced the latest and greatest technology tools and viewed them as the way to make our lives easier and give us more freedom. So, having this belief from the onset of my firm’s existence clarified that my firm would be tech forward...
Lamont to lead NGA task force on pandemic response
Gov. Ned Lamont will co-chair a National Governors Association task force on pandemic and disaster response, an appointment made by New York Gov. Andrew Cuomo, the NGA chair and a close collaborator in crafting a regional response to COVID-19.
Employee Retention Credit Under COVID-19 Relief
Here is a recap of the Employee Retention Credit under the CARES Act and the higher-impact modifications under the latest COVID-19 Relief Package.
Pandemic lessons learned in supply chain management
Natural disasters and international trade disputes have disrupted supply chains in the past, but most experts agree the coronavirus pandemic has dealt an unprecedented blow.
Connecticut Joins NH Remote Work Income Tax Case
A question on the mind of every accountant and tax attorney since the coronavirus pandemic started is the subject of a lawsuit now before the U.S. Supreme Court. New Hampshire is challenging a Massachusetts measure that continues to tax...
What tax pros need to know about stimulus payments heading into filing season
2020 introduced a number of unprecedented situations that have required some massive adjustments. And now, with the tax filing season upon us, a raft of brand new challenges await ahead of the April 15 deadline. Chief among them: uncertainty...
AI, applied: Lessons from 2020
The year of coronavirus will go down in history not just as a time of plague, but also of crisis-driven tech adoption. Mass migration online drove the adoption of cloud-enabled technologies, and AI was one of them. As businesses embrace AI,...
Connecticut officials forecast budget surplus of $70 million this year after earlier predictions of $2B deficit; Wall Street records boost tax revenue
In a stunning turnaround, state budget officials predicted Friday that Connecticut will end the fiscal year with a small surplus of $70 million — despite financial problems related to the ongoing COVID-19 pandemic.

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