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Applications for small business Paycheck Protection Program open April 3
Small businesses and sole proprietorships affected by the coronavirus pandemic can apply for loans under the federal Paycheck Protection Program (PPP) beginning Friday. Starting April 10, independent contractors and self-employed individuals...
As Connecticut unemployment numbers rise, economists expect a ‘significant bounce back’ once business resumes
Efforts to curtail the spread of coronavirus, including the shutdown of many businesses across the state, has had an immediate impact on Connecticut’s economy with more than 150,000 people out of work for now and filing for unemployment...
Economic impact payments: What you need to know
The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. However,...
State Extends Filing and Payment Deadlines for Sales Tax and Room Occupancy Tax
DRS administrative action provides relief for small businesses
Massive Coronavirus Stimulus Package Contains Many Significant Tax and Employee Benefits Provisions
The Cares Act is a massive 2.2 trillion dollar package that contains a number of provisions to assist the United States economy combat the impact of COVID-19.
IRS - changes in procedures digital signatures & sending receiving information electronically
There is an immediate (temporary) change in IRS procedures regarding digital signatures, receiving taxpayer information electronically and transmitting information to a taxpayer or their representative. The IRS now allows IRS employees to...
We’re here with the answers, resources, and support you need.
The pace of change can be extremely overwhelming these chaotic times.   Rest assured that the CTCPA is here to help you as you move forward every step of the way as we all learn and relearn how to do our jobs. We've spoken to many of you over the...
Connecticut’s Single-Use Plastic Bag Fee Temporarily Suspended
Gov. Lamont’s Executive Order 7N Provides Maximum Flexibility to Retailers
Governor Lamont Announces Approval of Federal Disaster Declaration for COVID-19 Response in Connecticut
Governor Ned Lamont today announced that he has been notified by the Federal Emergency Management Agency (FEMA) that his request for a Major Disaster Declaration for the State of Connecticut in response to the COVID-19 pandemic has been approved,...
Update: IRS closes information service lines
Due to staff limitations, the PPS line, the e-Services Help Desk line and the e-Services, FIRE and AIR system help desks are closed until further notice. Please make IRS.gov your first option for answers to questions. The IRS is temporarily...