Skip to main content

News

With accounting profession facing staffing ‘crisis,’ lawmakers debate creating new pathways to earn CPA certification

February 26, 2025

The state legislature’s General Law Committee will conduct a public hearing Wednesday to consider a bill that would offer more flexibility for state residents to become a certified public accountant.

  • business and industry
  • career resources
  • practice management
  • advocacy - state
  • press room
  • pipeline

CT House takes issue with Lamont, Trump in emergency bills

February 25, 2025

The Connecticut House voted Monday night for two emergency bills, one reflecting a widening disagreement with Gov. Ned Lamont over spending and another responding to President Donald J. Trump’s crackdown on undocumented immigrants and LGBTQ services, including gender-affirming care.

  • advocacy - state

UPDATED: DRS Grants All Three of CTCPA's Requested Filing Extensions

February 22, 2025

We asked the DRS to extend three deadlines from March 15, 2025 to April 15, 2025. Based on the DRS Commissioner’s authority to extend, due to statutory limitations, he was only able to extend two of the dates to April 15, 2025 as requested: Form CT-PET, Connecticut Pass-Through Entity Tax Return and Form CT-1065/CT-1120SI, Connecticut Composite Income Tax Return.

  • state tax
  • advocacy - state
  • federal tax

Analysts: CT is paying off pension debt faster than all other states

February 19, 2025

CT has saved 9% of budget on average since 2017.

  • advocacy - state

CT legislators plan $40M in immediate special education funding

February 19, 2025

The Connecticut General Assembly intends to vote next week on a $40 million supplemental appropriation to help local school systems offset rising special education costs in the current fiscal year, legislative leaders said Wednesday.

  • advocacy - state

Governor Lamont Proposes Additional Tax Relief: Increase the Property Tax Credit and Expand Eligibility

February 18, 2025

Governor Ned Lamont today announced that the fiscal year 2026/2027 biennial budget proposal he presented to the Connecticut General Assembly earlier this month includes a recommendation that the state’s property tax credit, which provides a credit to income tax filers for property tax payments made on eligible property, be increased to $350. Additionally, the governor is proposing to expand eligibility for the credit to include more income tax filers.

  • advocacy - state

The regulatory forecast: Less, and lighter

February 18, 2025

Get ready for a very different regulatory environment.

  • accounting and auditing
  • advocacy - state
  • advocacy - federal

Will Connecticut finally regulate artificial intelligence?

February 18, 2025

As a human being, James Maroney is a believer in the potential of artificial intelligence to do good.

  • technology and cybersecurity
  • advocacy - state

Survey: Connecticut Residents Support Tax Credit For Family Caregivers

February 14, 2025

A recent survey commissioned by AARP Research revealed that a large majority of Connecticut residents support the implementation of a state income tax credit for family caregivers.

  • advocacy - state

Lamont budget calls for CT to ramp up transportation projects

February 12, 2025

Lawmakers to explore new fees, but not from tolls.

  • advocacy - state

Connecticut Nonprofits Warn Of Devastating Cuts As $19 Million Budget Shortfall Threatens Vital Services

February 11, 2025

Connecticut’s nonprofit service providers are facing a dire financial shortfall, with leaders warning Tuesday that a proposed budget cut could result in an effective $19 million loss in the first year, jeopardizing essential services for the state’s most vulnerable residents.

  • not-for-profit
  • advocacy - state

Connecticut Delegates, AG Respond To Concerns Over Unauthorized Access To Taxpayer Data

February 07, 2025

All five of Connecticut’s congressional delegates this week signed on as sponsors of the Taxpayer Data Protection Act, which aims to prevent unauthorized access to taxpayer information housed within the US Treasury Department.

  • technology and cybersecurity
  • advocacy - state

Housing Policy Think Tank Responds to Lamont’s Budget Address, Urging Zoning Reform To Tackle Housing Crisis

February 06, 2025

Gov. Ned Lamont’s biennial budget address on Wednesday sparked mixed reactions, with housing policy advocates like Open Communities Alliance (OCA) offering both recognition and suggestions for moving forward.

  • advocacy - state

Lamont’s offer to reform CT budget ‘guardrails’ pleases Democrats

February 06, 2025

Legislative leaders are optimistic about compromise.

  • advocacy - state

Connecticut Nonprofits, Advocates React To Lamont’s Budget Address

February 05, 2025

Gov. Ned Lamont’s biennial budget address prompted a range of reactions from advocacy groups, nonprofits, and local officials on Wednesday, with some arriving even before the completion of a morning briefing by his budget chief, Office of Policy and Management Secretary Jeff Beckham.

  • advocacy - state

Lamont Unveils Budget Proposal For Next Biennium; Republicans Condemn Changes To Fiscal Guardrails

February 05, 2025

Gov. Ned Lamont released a two-year, $55.2 billion budget proposal for the upcoming 2026-2027 biennium on Wednesday with a focus on expanding access to child care, providing a small tax cut to Connecticut residents, and allowing for some small but significant changes to the state’s hotly debated fiscal guardrails.

  • advocacy - state

Lamont works around CT budget ‘guardrails’ to back child care

February 05, 2025

$50 income tax cut also included in $55.2 billion, two-year budget Lamont will present to lawmakers Wednesday.

  • advocacy - state

Lamont works around CT budget ‘guardrails’ to back child care

February 04, 2025

$50 income tax cut also included in $55.2 billion, two-year budget Lamont will present to lawmakers Wednesday.

  • advocacy - state

New Hampshire fights out-of-state sales tax

February 04, 2025

New Hampshire is fighting back. The Granite State's latest move to protect businesses from sales tax legislation, HB 135, was introduced on Jan. 8, 2025. It states that "no New Hampshire business shall be required to collect sales taxes for a foreign jurisdiction [a.k.a., another state] unless mandated by Congress or New Hampshire law."

  • state tax
  • advocacy - state
  • advocacy - federal

Lamont’s commitment to CT’s fiscal ‘guardrails’ is being tested

February 02, 2025

Lawmakers seek more funds for Medicaid, education while federal funds vanish.

  • advocacy - state
  • advocacy - federal