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Legislative Action Alert - Tell Your Legislators TODAY: Do NOT Tax Accounting and Tax Preparation Services
The 2019 Connecticut General Assembly is underway and the possibility of a sales tax on tax preparation and accounting services provided to individuals is growing stronger and stronger with each passing day! It is CRITICAL that you contact your...
DRS Issues Reminder Letters to Taxpayers Who Have Not Yet Filed 2017 Tax Returns
The Connecticut Department of Revenue Services has mailed a reminder letter to taxpayers who filed a Connecticut individual income tax return for tax year 2016, but have not yet filed a return for 2017.
DRS Agency Legislative Proposal – “An Act Making Minor and Technical Changes to Tax Statutes"
These are proposals only and have not yet been heard by the Finance, Revenue and Bonding Committee.The CTCPA is working with the legislature and the DRS on these and other issues. If you have any comments, please contact CTCPA Executive Director...
Connecticut pays the most in federal taxes and gets the least back in return
Connecticut is ranked first in the nation for paying the most in federal income taxes and getting the least federal dollars in return. That’s the finding of the latest survey by the New York-based Rockefeller Institute of...
Democrats Concerned About IRS Shutdown Plan
The Treasury Department this week released a new contingency plan to deal with the ongoing partial government shutdown, but Democratic lawmakers have doubts about the agency’s ability to handle the upcoming tax-filing season. Treasury’s shutdown...
Lamont’s First Meeting With Labor Focuses On Unfunded Pension Liabilities
Labor leaders from across the state made their way to the governor’s residence in Hartford for their first discussion with Democratic Gov. Ned Lamont Tuesday. Lamont, who won the race by more than 43,000 votes and the backing...
Lamont Announces Relief for Federal Workers
Gov. Ned Lamont said he was shocked to learn that most of the 1,500 federal workers who live in Connecticut are unable to collect unemployment benefits. That’s why he was so pleased to announce Tuesday that Connecticut was teaming up with...
House Resolution to Reopen Government Fails
The House on Tuesday failed to muster enough support to approve a short-term funding bill to reopen the federal government through February 1. The resolution, backed by the entire Connecticut delegation as well as every other Democrat, was...
Whittlesey Names New Directors
Whittlesey has announced the promotion of two senior managers to the position of Director. Edward Engberg, CPA and Thomas Goldfuss, CPA are the newest Directors to the firm’s growing leadership team, effective January 1, 2019.
Middle class taxpayers fuel growing state revenues, boosting reserves
State income tax revenues surged upward again Tuesday, but this time it was the middle class — not the wealthy — behind most of the gains. A new report from analysts projects overall revenues this fiscal year will surpass budgeted...