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 Connecticut 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 Budget2022 Connecticut Tax Developments Employee Benefits IRS Issues Guidance on ROTH Reporting RequirementsEmployers: Do the Financial Incentives You Offer Employees to Enroll in Your 401k or 403b Plan Comply with SECURE 2.0’s “De Minimis” Requirements?Previously Exempt Employers May Need to Take Action in 2024 under the MyCTSavings Program 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 Previously Exempt Employers May Need to Take Action in 2024 under the MyCTSavings ProgramIRS Announces New Retirement Plan Limits for 2024IRS Announces Largest Ever Increase in Contribution Limits for 2023 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 Proposed Bill Repealing Connecticut Motor Vehicle Tax Fails to Gain Traction New Rule on Clean Energy Tax Credits Direct Pay Could Benefit Public Universities and Public SchoolsIRS Launches the Pre-filing Registration Tool for the Inflation Reduction Act of 2022 and CHIPS Act of 2022 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 Connecticut Repeals Application of the Angel Investor Tax Credit but Allows Deduction of Business Expenses for Cannabis Businesses2022 Connecticut Tax DevelopmentsNew Opportunities Under Connecticut's Expanded Tax Credits for Manufacturers Litigation 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 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 Connecticut Governor Ned Lamont Proposes $500 Million of Tax Cuts as Part of his 2023 Two-Year, $50.5 Billion Budget2022 Connecticut Tax DevelopmentsLou Schatz to Present at 2021 NCCPAP Virtual Accounting and Tax Symposium 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 Tax Credits New Rule on Clean Energy Tax Credits Direct Pay Could Benefit Public Universities and Public SchoolsIRS Launches the Pre-filing Registration Tool for the Inflation Reduction Act of 2022 and CHIPS Act of 2022 Tax Planning Connecticut Launches Tax Amnesty ProgramLou Schatz to Present at the Connecticut Society of CPAs State Tax 360° ConferenceARPA Extends Certain Paid Leave Tax Credits and FICA Tax Relief for Certain Governmental Employers, Including School Districts Uncategorized New Rule on Clean Energy Tax Credits Direct Pay Could Benefit Public Universities and Public Schools2022 Connecticut Tax DevelopmentsIncentives for Qualified Data Centers to Locate in the State 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
