< Return to List

Articles

DRS Issues Payroll Tax Commission Information Request to Employers
This week, DRS has sent two e-mails to certain employers – the first introduced the information request; the second includes a brief survey.
Hartford showing all the signs of revitalization — again
Downtown Hartford is a far different place than it was a decade ago, or even five years ago. More than a thousand new apartments occupy formerly vacant office buildings, with more on the way. A minor league ballpark can hardly be called...
Accounting for Our Community: FML’s Give Back to School Women’s Networking Night Does Double Duty
On August 15, almost 50 professional women from area businesses and organizations joined the FML Women’s Group to pitch in packing backpacks and raising funds for the Community Child Guidance Clinic (CCGC) of Manchester. When the evening...
3 steps to prep for the new EBP audit standard
Last month, we issued a new statement on auditing standards (SAS) for employee benefit plan audits, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. The SAS is designed to make the auditor’s...
Tax cuts are back on the agenda. They're not a done deal
Central bankers will take center stage when they gather in Jackson Hole later this week. But for now, as investors sit and wait, monetary policy isn't what's generating the most buzz. That's right. Almost two years after US President Donald...
74% of economists in survey see U.S. recession by end of 2021
A strong majority, 74 percent, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021. The economists surveyed...
OPM: Pending hospital settlement makes surplus math uncertain
The state’s budget office is projecting a $126.1 million surplus for the fiscal year that began July 1, but that figure is almost certain to change in the months ahead. For one, changes in the economy, spending patterns and other factors will...
CT offers limited protections if ACA is tossed
If the Affordable Care Act is abolished as the result of a legal battle over the health care law, not only will more than 300,000 state residents lose coverage, but a majority of those in Connecticut could be affected. That’s because...
Neighborhood Assistance Act Tax Credit Program
The Connecticut Neighborhood Assistance Act (NAA) Tax Credit Program is designed to provide funding for municipal and tax exempt organizations by providing a corporation business tax credit for businesses who make cash contributions to these...
As high-deductible health plans grow in popularity, some state officials want to rein them in
Health insurance policies with increasingly high deductibles have become the norm in Connecticut, and now, a top Democratic state lawmaker and his allies are taking aim at restricting or potentially even eliminating them.