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Articles

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...
For Small Business Week, IRS highlights key business tax topics
In recognition of National Small Business Week, April 29 to May 5, the Internal Revenue Service is highlighting several resources to help small business owners and self-employed individuals understand and meet their tax obligations. The new tax...
Kevin Sullivan, one of Malloy’s original appointees, to leave DRS
Kevin Sullivan, the commissioner of revenue services since Gov. Dannel P Malloy took office in January 2011, will step down for a private-sector job on May 10, the day after the General Assembly adjourns its regular session for 2018. Malloy...
Wayfair Case Not ‘Slam-Dunk’ States Hoped For: Tax Group Official
The pending digital sales tax case before the U.S. Supreme Court may turn out to be an example of being careful what you hope for, a Multistate Tax Commission attorney said. “Most of us on the state tax side came in thinking, this is a...
IRS Hosts May 14 Webinar on Deteriorating Concrete Foundations
At the request of Congressman Joe Courtney, IRS Senior Stakeholder Liaison Joe McCarthy will host a webinar on deteriorating concrete foundations for Connecticut tax professionals. While this issue may not affect many tax professionals, it should...
CT budget debate goes down to the wire
Legislators are hoping this spring’s $1.2 billion surge in income tax receipts was not a one-time event.
IRS, Security Summit Partners warn of new twist on phone scam; crooks direct taxpayers to IRS.gov to “verify” calls
The Internal Revenue Service today warned of a new twist on an old phone scam as criminals use telephone numbers that mimic IRS Taxpayer Assistance Centers (TACs) to trick taxpayers into paying non-existent tax bills. The IRS and its Security...
Newly revised estimated tax form and publication can help people pay the right amount
With tax reform bringing major changes for the year ahead, the Internal Revenue Service today reminded the many self-employed individuals, retirees, investors and others who need to pay their taxes quarterly that the first estimated tax payment...
Fiscal stability plan must proceed at a slower pace
Acknowledging that legislators are unlikely this spring to enact their complete, multi-tiered plan to stabilize Connecticut’s finances, the leaders of a key state panel have agreed to pursue a piecemeal approach — for now. But the principals...
DRS: Newegg Online Sales Will Comply with CT State Sales Tax Collection
Connecticut Department of Revenue Services (DRS) Commissioner Kevin Sullivan announced today that Newegg Inc., a California-based online retailer of computer hardware and consumer electronics, will collect and remit sales tax on sales made into...

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