Advocacy Updates

Not a CTCPA member? Join today to receive even more legislative and regulatory news straight to your inbox. 

Find your legislators in our Advocacy Action Center.

Advocacy updates

Connecticut Legislative News

OFA Releases February 2022 Projections

February 25, 2022

The state continues to thrive fiscally.

  • advocacy - state

Senate Democrats Try Again For Data Privacy Legislation

February 17, 2022

Democrats in the Senate will take another swing at passing legislation giving consumers more flexibility to opt out of online data tracking, picking up an effort which fell apart late in the session last year.

  • technology and cybersecurity
  • advocacy - state

Lamont’s Emergency Powers Have Officially Expired

February 15, 2022

After nearly two years and hundreds of executive orders, the emergency declarations which have served as the basis for Gov. Ned Lamont’s authority to single-handedly enact or suspend laws were set to expire Tuesday.

  • advocacy - state

CT Tech Council, hampered by declining membership and pandemic pains, looks to restore former luster, influence

February 14, 2022

For the Connecticut Technology Council (CTC), the COVID-19 pandemic has been uniquely disruptive, as it has for many trade associations across the country.

  • technology and cybersecurity
  • advocacy - state

Senate continues limited COVID emergency in Connecticut

February 14, 2022

The Senate gave final approval Monday to two measures that continue limited emergency powers to manage COVID-19, while shifting from Gov. Ned Lamont to educators the decision whether to require masks in schools.

  • advocacy - state

CT legislators propose bills for tax-free COVID tests

February 11, 2022

A pair of nearly identical bills, one proposed by a Democrat and the other submitted by a group of Republicans, would end the sales tax on at-home COVID test kits and personal protective equipement.

  • coronavirus
  • advocacy - state
See More State Advocacy News
Advocacy updates

Federal Legislative News

AICPA again asks IRS to delay K-2/K-3 reporting

February 25, 2022

The AICPA and 52 state and area CPA societies submitted further comments and concerns to the IRS and Treasury on Friday urging a delay until next year of required reporting by partnerships and S corporations of items of international tax relevance on new Schedules K-2, Partners' Distributive Share Items — International, and K-3, Partner's Share of Income, Deductions, Credits, etc. — International.

  • state tax
  • advocacy - federal
  • federal tax

CTCPA Advocates for Businesses and Practitioners on Schedules K-2, K-3

February 25, 2022

The AICPA and 52 state CPA societies sent a letter to Assistant Treasury Secretary Lily Batchelder and IRS Commissioner Charles Rettig regarding widespread concerns on the Schedules K-2 and K-3 reporting.

  • advocacy - federal
  • federal tax

PPP, ERC can lead to sustained business for CPA firms

February 17, 2022

Compliance and consulting work related to COVID-19 relief created new business opportunities for CPA firms, which now can continue to grow by building on those opportunities, Inovautus Consulting LLC President and Founder Sarah Dobek said Thursday.

  • coronavirus
  • practice management
  • advocacy - federal

IRS provides further details on additional relief for certain partnerships preparing schedules K-2 and K-3 for 2021

February 16, 2022

The IRS today provided further details on additional transition relief for certain domestic partnerships and S corporations preparing the new schedules K-2 and K-3 to further ease the change to these new schedules. Those eligible for the relief will not have to file the new schedules for tax year 2021.

  • advocacy - federal
  • federal tax

Revised voluntary disclosure form highlights cryptoassets

February 15, 2022

An expanded reporting section and detailed instructions for reporting virtual currency are among the changes in a revised version of Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, the IRS released Tuesday.

  • technology and cybersecurity
  • advocacy - federal

IRS continues work to help taxpayers; suspends mailing of additional letters

February 11, 2022

As part of ongoing efforts to provide additional help for people during this period, the IRS announced today the suspension of more than a dozen additional letters, including the mailing of automated collection notices normally issued when a taxpayer owes additional tax, and the IRS has no record of a taxpayer filing a tax return.

  • advocacy - federal
  • federal tax
See More Federal Advocacy News