Connecticut MyCTSavings Program
MyCTSavings is a state-sponsored program that gives all eligible individuals working in Connecticut access to a retirement plan. Many companies currently are not able [...]
15
06, 2022
8
06, 2022
How to Claim the Connecticut Child Tax Rebate
The Child Tax Rebate is a one-time rebate that is intended to assist Connecticut families with children. The rebate was created as part of [...]
4
08, 2021
Connecticut Department of Revenue Services Offering Sales Tax Relief for Sellers of Meals
The Connecticut General Assembly enacted legislation under which certain sellers of meals are allowed to retain the sales tax they collect on sales of [...]
14
07, 2021
Connecticut Legalizes Recreational Marijuana
On June 22nd, 2021, Connecticut became the 19th State to legalize the recreational use of marijuana. Put into effect on July 1st, individuals 21 [...]
24
06, 2021
Working from Home Causes Dual-Taxation Dilemma
The COVID-19 pandemic has drastically changed how businesses operate in the United States. During the past year, many companies were required to shift to [...]
14
06, 2021
Child tax credit payments are set to roll out in July, IRS says
Millions of families are eligible to receive a generous Child Tax Credit (CTC) for 2021. The American Rescue Plan Act of 2021 expanded the [...]
27
05, 2021
Employee Retention Credit Updates
On April 2, 2021, the Internal Revenue Service (IRS) issued a second Employee Retention Credit (ERC) notice. Notice 2021-23 follows Notice 2021-20 and provides [...]
3
05, 2021
Restaurant Revitalization Fund Applications Open Today, May 3, 2021
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide relief funds to restaurants and other food establishments so they can [...]
12
02, 2021
Stimulus Payments – What to know for your 2020 tax return
Stimulus checks (also known as Economic Impact Payments or EIP) were prepaid 2020 tax credits intended to stimulate the economy by providing consumers with [...]
29
01, 2021
Energy Efficient Home Credit for Developers – How to claim for new construction
Energy efficient dwellings built between December 31, 2017, and December 31, 2020, now qualify for a tax credit, which was renewed under the Further [...]