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Articles

What to Know About Summer Child Care Expenses
If you’re married and working with young children, during the school year your kids are occupied most of the workday, but who looks after them in the summer? You should know there’s a silver tax lining for this extra cost. Generally, you...
Gov. Malloy Announces Plans to Appoint Scott Jackson as Commissioner of Revenue Services
The Governor will appoint Scott Jackson, who is currently the Commissioner of the Connecticut Department of Labor (CTDOL), to serve as Commissioner of the Department of Revenue Services (DRS).
2018 DRS Legislative Wrap-Up
State tax legislation passed during the 2018 Regular Session included the following provisions. Many of these changes are still waiting for the governor’s signature.
IRS Issues Notice on State, Local Tax Deductions
The U.S. Department of the Treasury and the Internal Revenue Service issued a notice today stating that proposed regulations will be issued addressing the deductibility of state and local tax payments for federal income tax purposes. Notice...
IRS Issues New Strategic Plan; Five-Year Plan's Goal to Help Taxpayers
Source: IRS May 23, 2018 WASHINGTON –– The Internal Revenue Service today released a new five-year Strategic Plan outlining goals to improve taxpayer service and tax administration. The Fiscal Year 2018-2022 IRS Strategic Plan will...
IRS Message to the Tax Professional Community
The IRS continues to review its procedures to better protect sensitive taxpayer data. As part of this effort, the IRS will request additional information from tax professionals who contact us through the Practitioner Priority Service or any...
From Bump Stocks To Tolls: Did Connecticut Lawmakers Pass These 14 Major Bills?
The short legislative session in election years is ostensibly about making budget adjustments, but lawmakers find plenty of time to debate many other issues — some that have a fiscal impact and others that don’t. There were discussions about...
Seasonal, Part-Year Workers Urged to Check Tax Withholding Amount
The Internal Revenue Service today encouraged taxpayers who work seasonal jobs or are employed part of the year to visit the Withholding Calculator and perform a “paycheck checkup.” The Tax Cuts and Jobs Act made changes to the tax...
New IRS online tool offers expanded access to information on tax-exempt organizations
The Internal Revenue Service today introduced a new online tool on IRS.gov designed to provide faster, easier access to publicly available information about exempt organizations. "This new tool provides taxpayers an easy way to get information...
Small businesses should guard against tax-return identity theft
The IRS on Thursday issued a warning to employers and small businesses to beware of growing attempts by cybercriminals to target businesses to obtain the business’s and employees’ information. These criminals then use the stolen...

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