Topics Audits and Tax Controversies Department of Labor v. Department of Revenue Services: Employee, Independent Contractor, or BothUpdate on Nonqualified Stock Options and Statutory Limitations on Refunds Claims Corporate Tax Governor Ned Lamont's 2025 Budget Contains Significant Proposed Connecticut Tax Law ChangesConnecticut Supreme Court Upholds Property Tax Assessment on Out-of-State Vehicles Connecticut Governor Ned Lamont Proposes $500 Million of Tax Cuts as Part of his 2023 Two-Year, $50.5 Billion Budget Employee Benefits Plan Forfeiture Litigation: A Trend to WatchIRS Announces 2025 Plan Limits, With Modest IncreasesIRS Issues Guidance on ROTH Reporting Requirements Employment/Payroll Taxes ARPA Extends Certain Paid Leave Tax Credits and FICA Tax Relief for Certain Governmental Employers, Including School Districts ERISA/Pension and Employee Benefits Plan Forfeiture Litigation: A Trend to WatchPreviously Exempt Employers May Need to Take Action in 2024 under the MyCTSavings ProgramIRS Announces New Retirement Plan Limits for 2024 Estate and Gift Tax Connecticut Governor Ned Lamont Proposes $500 Million of Tax Cuts as Part of his 2023 Two-Year, $50.5 Billion Budget2022 Connecticut Tax Developments2021 Connecticut Tax Developments Events Lou Schatz to Present During the CBA's Federal Tax Institute of New England 2022 EventLou Schatz to Present at 2021 NCCPAP Virtual Accounting and Tax SymposiumLou Schatz to Present at the Connecticut Society of CPAs State Tax 360° Conference Exempt Organizations Good News for Connecticut “Member” Nonstock CorporationsIRS Finalizes Form 990 Donor-Disclosure Tax RulesConnecticut Nonstock Corporations Temporarily Allowed To Conduct Member Meetings Remotely Featured Articles Second Circuit Rejects Connecticut’s Charitable Deduction SALT Cap Workaround New Connecticut Uniform Solar Capacity TaxMajor Overhaul of Qualified Opportunity Zones Under the One Big Beautiful Bill Act (OBBBA) Federal Tax Relief IRS and Connecticut Provide Tax Relief to Taxpayers Impacted by Recent Storms IRS Programs and Guidance IRS Launches the Pre-filing Registration Tool for the Inflation Reduction Act of 2022 and CHIPS Act of 2022IRS Issues Guidance on ROTH Reporting RequirementsIRS Launches the Employee Retention Credit Voluntary Disclosure Program Legislation Major Overhaul of Qualified Opportunity Zones Under the One Big Beautiful Bill Act (OBBBA)Connecticut Repeals Application of the Angel Investor Tax Credit but Allows Deduction of Business Expenses for Cannabis Businesses2022 Connecticut Tax Developments Litigation Second Circuit Rejects Connecticut’s Charitable Deduction SALT Cap Workaround Connecticut Supreme Court Upholds Property Tax Assessment on Out-of-State Vehicles Update on Nonqualified Stock Options and Statutory Limitations on Refunds Claims Manufacturing New Opportunities Under Connecticut's Expanded Tax Credits for Manufacturers Miscellaneous Taxes 2022 Connecticut Tax Developments2021 Connecticut Tax Developments2020 Connecticut Tax Developments Municipal Tax New Connecticut Uniform Solar Capacity Tax Opportunity Zones 2021 Connecticut Tax DevelopmentsIncentives for Qualified Data Centers to Locate in the State2020 Connecticut Tax Developments Pass-Through Entity Tax Big Changes Coming to Connecticut's Passthrough Entity TaxConnecticut Governor Ned Lamont Proposes $500 Million of Tax Cuts as Part of his 2023 Two-Year, $50.5 Billion BudgetLou Schatz to Present at 2021 NCCPAP Virtual Accounting and Tax Symposium Personal Income Tax Governor Ned Lamont's 2025 Budget Contains Significant Proposed Connecticut Tax Law ChangesConnecticut Governor Ned Lamont Proposes $500 Million of Tax Cuts as Part of his 2023 Two-Year, $50.5 Billion Budget2022 Connecticut Tax Developments Property Tax Proposed Bill Repealing Connecticut Motor Vehicle Tax Fails to Gain Traction Publications 2022 Connecticut Tax DevelopmentsNew Opportunities Under Connecticut's Expanded Tax Credits for Manufacturers2021 Connecticut Tax Developments Residency/Domicile 2021 Connecticut Tax Developments2020 Connecticut Tax Developments2019 Connecticut Tax Developments - Governor Lamont Signs Connecticut Biennial Budget: New Deal or Déjà Vu? Sales and Use Tax 2022 Connecticut Tax DevelopmentsLou Schatz to Present at 2021 NCCPAP Virtual Accounting and Tax Symposium2021 Connecticut Tax Developments SALT Second Circuit Rejects Connecticut’s Charitable Deduction SALT Cap Workaround State Tax Relief IRS and Connecticut Provide Tax Relief to Taxpayers Impacted by Recent Storms Tax Credits Major Overhaul of Qualified Opportunity Zones Under the One Big Beautiful Bill Act (OBBBA)Governor Ned Lamont's 2025 Budget Contains Significant Proposed Connecticut Tax Law ChangesNew Rule on Clean Energy Tax Credits Direct Pay Could Benefit Public Universities and Public Schools Tax Planning Major Overhaul of Qualified Opportunity Zones Under the One Big Beautiful Bill Act (OBBBA)Connecticut Launches Tax Amnesty ProgramLou Schatz to Present at the Connecticut Society of CPAs State Tax 360° Conference Uncategorized Second Circuit Rejects Connecticut’s Charitable Deduction SALT Cap Workaround New Rule on Clean Energy Tax Credits Direct Pay Could Benefit Public Universities and Public Schools2022 Connecticut Tax Developments Withholding ARPA Extends Certain Paid Leave Tax Credits and FICA Tax Relief for Certain Governmental Employers, Including School DistrictsNotice 2020-65 Payroll Tax Deferral: FAQ for EmployersRevised Form CT-W4P Provides Clarity Regarding Withholding for Pension, 401(k), IRA and Annuity Distributions
